What is base amount for standing order in SAP FS-AM-OM-SO - Standing Order?

SAP Term: base amount for standing order

• Component: FS-AM-OM-SO

• Component Name: Standing Order

• Description: Parameter for calculating the transfer amount for standing orders with variable amounts. The base amount is the amount that is to remain in the account after the standing order has been executed. If the balance is lower than this amount, there can be no transfer.

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• Key Concepts: 
  The base amount for standing order is a feature of the SAP FS-AM-OM-SO Standing Order component. It is used to define the amount of money that will be transferred from one account to another on a regular basis. This amount can be set up as a fixed amount or as a percentage of the total balance in the account. 
  
  How to use it: 
  To set up a base amount for standing order, you must first create a standing order in the SAP system. Once the standing order is created, you can specify the base amount that will be transferred from one account to another. You can also specify whether this amount should be a fixed amount or a percentage of the total balance in the account. 
  
  Tips & Tricks: 
  When setting up a base amount for standing order, it is important to consider the frequency of the transfers and the total balance in the account. If you are transferring a large amount of money on a regular basis, it may be beneficial to set up a fixed base amount rather than a percentage of the total balance. This will ensure that you are always transferring the same amount each time. 
  
  Related Information: 
  For more information about setting up base amounts for standing orders, please refer to SAP's documentation on FS-AM-OM-SO Standing Order component. Additionally, you can find more information about setting up and managing standing orders in SAP's online help documentation.