What is account pool in SAP FS-AM-CM - Contract Management?

SAP Term: account pool

• Component: FS-AM-CM

• Component Name: Contract Management

• Description: A contract specialization in the Account Management FS AM system that groups together account contracts in a hierarchy or group for cash concentration or interest compensation. The structure is depicted using the 'Contract Relationships' contract element. The account pool is a business object of the Account Management system.

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• Key Concepts: 
  Account pool is a feature of SAP Contract Management (FS-AM-CM) that allows users to group accounts together and manage them as a single entity. This feature is useful for companies that have multiple accounts with the same vendor, as it allows them to manage all of their accounts in one place. 
  
  How to use it: 
  To use the account pool feature, users must first create an account pool in the SAP system. This can be done by selecting the “Create Account Pool” option from the menu. Once the account pool has been created, users can add accounts to it by selecting the “Add Accounts” option from the menu. Once all of the desired accounts have been added, users can then manage them as a single entity. 
  
  Tips & Tricks: 
  When creating an account pool, it is important to ensure that all of the accounts being added are related to each other in some way. This will make it easier to manage them as a single entity. Additionally, it is important to ensure that all of the accounts are up-to-date and accurate before adding them to an account pool. 
  
  Related Information: 
  For more information on how to use the account pool feature in SAP Contract Management (FS-AM-CM), please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.