What is 'net withdrawal amount' in SAP FS-AM-OM-AC - Account Order?

net withdrawal amount - Overview

• Component: FS-AM-OM-AC

• Component Name: Account Order

• Description: The amount paid in the context of an early withdrawal. The administration charge and the early withdrawal penalty are not contained in this amount.

net withdrawal amount - Details

• 
  Key Concepts: 
  Net withdrawal amount is a term used in the SAP FS-AM-OM-AC Account Order Management component. It is the total amount of money that is withdrawn from an account, including any fees or charges associated with the withdrawal. 
  
  How to use it: 
  The net withdrawal amount is used to calculate the balance of an account after a withdrawal has been made. It is calculated by subtracting the total amount of fees and charges associated with the withdrawal from the total amount withdrawn. 
  
  Tips & Tricks: 
  When calculating the net withdrawal amount, it is important to include all fees and charges associated with the withdrawal. This will ensure that the balance of the account is accurately reflected after the withdrawal has been made. 
  
  Related Information: 
  The net withdrawal amount is related to other terms such as gross withdrawal amount, which is the total amount withdrawn before any fees or charges are taken into account. It is also related to terms such as net deposit amount, which is the total amount deposited into an account after any fees or charges have been taken into account.