What is available asset value in SAP CRM-IFS - Financial Services?

SAP Term: available asset value

• Component: CRM-IFS

• Component Name: Financial Services

• Description: Value, calculated by deducting existing own entitlements and third-party entitlements prior charges from the asset value, that is available to secure other business.

Smart SAP Assistant

• Key Concepts: 
  Available asset value is a term used in the CRM-IFS Financial Services component of SAP. It is the total value of assets that are available for use in a given financial transaction. This includes both liquid assets, such as cash, and non-liquid assets, such as stocks and bonds. 
  
  How to Use it: 
  Available asset value is used to determine the amount of money that can be used in a financial transaction. It is calculated by taking the total value of all assets and subtracting any liabilities or debts that are associated with those assets. The resulting number is the available asset value. 
  
  Tips & Tricks: 
  When calculating available asset value, it is important to consider all assets and liabilities associated with the transaction. This includes any taxes or fees that may be due on the transaction. Additionally, it is important to remember that available asset value can change over time as assets and liabilities fluctuate. 
  
  Related Information: 
  Available asset value is closely related to net worth, which is the total value of all assets minus all liabilities. It is also related to liquidity, which is the ability of an asset to be converted into cash quickly and easily.