What is Manage Cash Pools in SAP FIN-FSCM-CLM - Cash and Liquidity Management?

SAP Term: Manage Cash Pools

• Component: FIN-FSCM-CLM

• Component Name: Cash and Liquidity Management

• Description: A cash management app that you can use to create, display and remove cash pools centrally.

Smart SAP Assistant

• Key Concepts: 
  Manage Cash Pools is a component of SAP's Cash and Liquidity Management (FIN-FSCM-CLM) module. It enables companies to manage their cash pools, which are collections of accounts that are used to manage liquidity and optimize cash flow. The component allows companies to define the rules for pooling, such as the type of accounts that can be included in the pool, the frequency of pooling, and the criteria for determining which accounts should be pooled. 
  
  How to use it: 
  Manage Cash Pools can be used to create and manage cash pools. Companies can define the rules for pooling, such as the type of accounts that can be included in the pool, the frequency of pooling, and the criteria for determining which accounts should be pooled. The component also allows companies to monitor their cash pools and make adjustments as needed. 
  
  Tips & Tricks: 
  When creating a cash pool, it is important to consider the size of the pool and how often it will be used. It is also important to consider the types of accounts that will be included in the pool and how they will be managed. Additionally, it is important to consider any restrictions or limitations that may apply to the pool. 
  
  Related Information: 
  For more information on Manage Cash Pools, please refer to SAP's official documentation on Cash and Liquidity Management (FIN-FSCM-CLM). Additionally, there are many online resources available that provide tips and tricks for managing cash pools.