What is external stage in SAP (FIN-FSCM-TRM - Treasury and Risk Management)?

SAP Term: external stage

• Component: FIN-FSCM-TRM

• Component Name: Treasury and Risk Management

• Description: A classification concept introduced with IFRS9 to classify the different flows of a position. The external stage can have an impact on the key date valuation.

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• Key Concepts: 
  External stage is a term used in SAP Treasury and Risk Management (FIN-FSCM-TRM) to refer to a stage in the process of creating a financial instrument. It is the stage where the instrument is created outside of SAP, such as in a spreadsheet or other external system. 
  
  How to use it: 
  In order to use external stage in SAP Treasury and Risk Management, you must first create the instrument in an external system. Once the instrument is created, you can then import it into SAP using the appropriate tools. This will allow you to manage and track the instrument within SAP. 
  
  Tips & Tricks: 
  When creating an instrument in an external system, make sure that all of the necessary information is included. This will ensure that when you import it into SAP, all of the necessary data is present and can be tracked properly. 
  
  Related Information: 
  For more information on using external stage in SAP Treasury and Risk Management, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature.