What is planning cycle in SAP FI-FIO-CM - Fiori UI for Cash Management?

SAP Term: planning cycle

• Component: FI-FIO-CM

• Component Name: Fiori UI for Cash Management

• Description: A recurring period for developing liquidity plans. The plan resulting from each planning cycle is saved as a separate version.

Smart SAP Assistant

• Key Concepts: 
  The planning cycle in SAP FI-FIO-CM Fiori UI for Cash Management is a process that helps to plan and manage cash flows. It allows users to create and manage cash flow plans, analyze cash flow data, and make decisions based on the data. The planning cycle consists of four steps: forecasting, budgeting, monitoring, and reporting. 
  
  How to use it: 
  To use the planning cycle in SAP FI-FIO-CM Fiori UI for Cash Management, users must first create a cash flow plan. This plan should include the expected cash inflows and outflows for a given period of time. Once the plan is created, users can then use the forecasting feature to predict future cash flows. The budgeting feature allows users to set goals and objectives for their cash flow plans. The monitoring feature allows users to track their progress against their goals and objectives. Finally, the reporting feature allows users to generate reports that provide insights into their cash flow plans. 
  
  Tips & Tricks: 
  When creating a cash flow plan, it is important to consider both short-term and long-term goals. Additionally, it is important to review the plan regularly to ensure that it is up-to-date with current market conditions. Finally, it is important to use the forecasting feature regularly in order to stay ahead of potential changes in the market. 
  
  Related Information: 
  The planning cycle in SAP FI-FIO-CM Fiori UI for Cash Management is closely related to other features such as liquidity management, risk management, and financial analysis. Additionally, it can be used in conjunction with other SAP solutions such as SAP S/4HANA and SAP Business Suite.