What is header account in SAP FIN-FSCM-CLM - Cash and Liquidity Management?

SAP Term: header account

• Component: FIN-FSCM-CLM

• Component Name: Cash and Liquidity Management

• Description: The leading bank account in a cash pool. There is only one header account in a cash pool, which is linked to several subaccounts.

Smart SAP Assistant

• Key Concepts: 
  A header account is a type of account in SAP Cash and Liquidity Management (CLM) that is used to group together multiple accounts. It is used to simplify the management of multiple accounts and to provide a single point of entry for transactions. The header account can be used to manage cash flows, liquidity, and other financial activities. 
  
  How to use it: 
  To use a header account in SAP CLM, first create the header account in the system. Then, assign the accounts that you want to group together to the header account. Once the accounts are assigned, you can manage them as a single entity. You can also use the header account to view consolidated information about all of the accounts that are assigned to it. 
  
  Tips & Tricks: 
  When creating a header account, make sure to give it a descriptive name so that it is easy to identify. This will help you quickly find the header account when you need it. Additionally, make sure that all of the accounts that you assign to the header account are related in some way so that they can be managed together effectively. 
  
  Related Information: 
  For more information about using header accounts in SAP CLM, refer to the official SAP documentation at https://help.sap.com/viewer/product/FIN_FSCM_CLM/latest/en-US/f9f8d7a2b3c14e6f9a7d3c8b2e4d5f1a.html