What is Define Cash Position Profiles in SAP FIN-FSCM-CLM-CM - Cash Management?

SAP Term: Define Cash Position Profiles

• Component: FIN-FSCM-CLM-CM

• Component Name: Cash Management

• Description: A cash management app that is used to define cash position profiles to calculate the cash position.

Smart SAP Assistant

• Key Concepts: 
  Cash Position Profiles are used in SAP Cash Management to define the criteria for the cash position calculation. This includes the currency, the bank accounts, and the time period for which the cash position should be calculated. The cash position profile also defines the parameters for the cash flow forecast. 
  
  How to use it: 
  To create a Cash Position Profile, go to the Cash Management work center and select “Cash Position Profiles” from the left-hand menu. From there, you can create a new profile by entering the required information such as currency, bank accounts, and time period. Once you have saved your profile, you can use it to calculate your cash position and generate a cash flow forecast. 
  
  Tips & Tricks: 
  When creating a Cash Position Profile, make sure to select all relevant bank accounts and currencies that you need to include in your calculation. Additionally, you can use multiple profiles to calculate different cash positions for different currencies or time periods. 
  
  Related Information: 
  For more information on Cash Position Profiles in SAP Cash Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/FIN_FSCM_CLM_CM/latest/en-US/f9f8d7a3e2b14c8a9f7d6b3c2f5e4d1a.html