What is 'access limit' in SAP FS-AM-CM-AC - Account?

access limit - Overview

• Component: FS-AM-CM-AC

• Component Name: Account

• Description: The value-related restriction of turnovers of a certain turnover class or counters for an account within a defined period.

access limit - Details

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  Key Concepts: 
  Access limit is a feature of the SAP FS-AM-CM-AC Account Management component that allows users to set limits on the amount of money that can be accessed from an account. This feature helps to ensure that only authorized users can access funds from an account and that the amount of money accessed is within the limits set by the user.
  
  How to use it: 
  To use the access limit feature, users must first set up an account in the SAP system. Once the account is set up, users can then set a limit on the amount of money that can be accessed from the account. This limit can be set for each individual user or for all users who have access to the account. Once the limit is set, users will not be able to access more than the specified amount of money from the account.
  
  Tips & Tricks: 
  When setting up an access limit, it is important to consider how much money needs to be accessible from the account. Setting too low of a limit may prevent users from accessing necessary funds, while setting too high of a limit may leave the account vulnerable to unauthorized access. It is also important to remember to update access limits as needed, as changes in user roles or other factors may require changes in access limits.
  
  Related Information: