What is internal stage in SAP FIN-FSCM-TRM - Treasury and Risk Management?

SAP Term: internal stage

• Component: FIN-FSCM-TRM

• Component Name: Treasury and Risk Management

• Description: A classification concept introduced with IFRS9 used to classify the different flows of a position. The internal stage can be used to trigger additional classifier transfer flows.

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• Key Concepts: 
  Internal stage is a term used in SAP Treasury and Risk Management (FIN-FSCM-TRM) to refer to the internal process of a company’s financial transactions. It is the stage in which the company’s financial transactions are processed and managed internally, before they are sent to external parties. 
  
  How to use it: 
  In SAP Treasury and Risk Management, internal stage is used to refer to the internal process of a company’s financial transactions. This includes the processing and management of the transactions, such as setting up payment instructions, approving payments, and reconciling accounts. 
  
  Tips & Tricks: 
  When using internal stage in SAP Treasury and Risk Management, it is important to ensure that all financial transactions are properly processed and managed before they are sent to external parties. This will help ensure that all transactions are accurate and compliant with regulations. 
  
  Related Information: 
  For more information on internal stage in SAP Treasury and Risk Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this feature in SAP.