What is strike in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: strike

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: Price of the underlying instrument on the option due date. This price is compared with the current market price, and is decisive in determining whether or not the option is exercised.

Smart SAP Assistant

• Key Concepts: 
  Strike is a feature in SAP Transaction Manager (FIN-FSCM-TRM-TM) that allows users to create a payment order for a specific amount of money. This payment order is then sent to the bank for processing. The bank will then either accept or reject the payment order. If accepted, the money will be transferred from the user's account to the recipient's account. 
  
  How to use it: 
  To use the strike feature, users must first create a payment order in SAP Transaction Manager. This can be done by selecting the “Create Payment Order” option from the main menu. Once the payment order is created, users can enter the amount of money they wish to transfer and select “Strike” from the options available. The payment order will then be sent to the bank for processing. 
  
  Tips & Tricks: 
  When creating a payment order, it is important to double-check all of the information entered before submitting it for processing. This includes verifying that all of the recipient's details are correct and that the amount of money being transferred is accurate. Additionally, users should ensure that they have sufficient funds in their account before submitting a payment order for processing. 
  
  Related Information: 
  For more information on using SAP Transaction Manager, please refer to the official SAP documentation or contact your system administrator. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.