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

SAP Term: subaccount

• Component: FIN-FSCM-CLM

• Component Name: Cash and Liquidity Management

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

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• Key Concepts: 
  A subaccount is a type of account in the SAP Cash and Liquidity Management (CLM) component. It is used to track and manage the liquidity of a company’s financial assets. Subaccounts are used to group together similar accounts, such as cash accounts, bank accounts, and investments. 
  
  How to use it: 
  Subaccounts can be used to track the liquidity of a company’s financial assets. They can be used to group together similar accounts, such as cash accounts, bank accounts, and investments. This allows for better visibility into the company’s financial position. Subaccounts can also be used to track the performance of individual investments or portfolios. 
  
  Tips & Tricks: 
  When setting up subaccounts, it is important to ensure that they are properly categorized and labeled. This will make it easier to track and manage the liquidity of a company’s financial assets. It is also important to ensure that all transactions are properly recorded in the subaccounts. 
  
  Related Information: 
  For more information on SAP Cash and Liquidity Management (CLM), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use subaccounts in SAP CLM.