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


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


SAP Term: market cleared, bid


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  • Key Concepts: 
    Market cleared bid is a term used in SAP Transaction Manager (FIN-FSCM-TRM-TM). It is a type of bid that is accepted by the market and is used to determine the price of a transaction. The market cleared bid is the highest bid that meets the criteria set by the market. 
    
    How to use it: 
    In SAP Transaction Manager, market cleared bids are used to determine the price of a transaction. The market will accept the highest bid that meets its criteria and this will be the price of the transaction. The criteria for acceptance may include factors such as the amount of time the bid has been open, the amount of money offered, and other factors. 
    
    Tips & Tricks: 
    When submitting a market cleared bid, it is important to ensure that all criteria set by the market are met. This will increase the chances of your bid being accepted and will help to ensure that you get the best possible price for your transaction. 
    
    Related Information: 
    For more information on market cleared bids and how they work in SAP Transaction Manager, please refer to SAP's official documentation on FIN-FSCM-TRM-TM.
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