1. SAP Glossary
  2. Transaction Manager
  3. market cleared, ask


What is market cleared, ask in SAP FIN-FSCM-TRM-TM - Transaction Manager?


SAP Term: market cleared, ask


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  • Key Concepts: 
    Market cleared, ask is a term used in the SAP Transaction Manager (FIN-FSCM-TRM-TM) component. It refers to the process of clearing a market by asking for bids from potential buyers and sellers. The bids are then compared and the highest bid is accepted. This process helps to ensure that the market is fair and efficient. 
    
    How to use it: 
    In order to use market cleared, ask in SAP Transaction Manager, you must first create a market. This can be done by entering the details of the market, such as the type of goods or services being traded, the price range, and any other relevant information. Once the market has been created, you can then invite potential buyers and sellers to submit bids. The bids will then be compared and the highest bid will be accepted. 
    
    Tips & Tricks: 
    When creating a market in SAP Transaction Manager, it is important to ensure that all relevant information is included. This will help to ensure that all potential buyers and sellers are aware of the terms of the market and can make informed decisions when submitting their bids. Additionally, it is important to set a reasonable price range for the market so that it is attractive to potential buyers and sellers. 
    
    Related Information: 
    Market cleared, ask is just one of many features available in SAP Transaction Manager. Other features include contract management, pricing management, and risk management. Additionally, SAP Transaction Manager can be used to manage multiple markets at once, allowing for efficient trading across multiple markets.
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