What is CpD account in SAP FS-AM - Account Management?

SAP Term: CpD account

• Component: FS-AM

• Component Name: Account Management

• Description: An account on which payment items are posted that could not be assigned to any other account.

Smart SAP Assistant

• Key Concepts: 
  A CpD account is a type of account used in the SAP FS-AM Account Management component. It stands for “Compensation and Disbursement” and is used to manage payments and disbursements. It is a type of account that can be used to track payments, disbursements, and other financial transactions. 
  
  How to use it: 
  The CpD account can be used to track payments, disbursements, and other financial transactions. It can also be used to manage the payment process, such as setting up payment schedules, tracking payments, and reconciling accounts. 
  
  Tips & Tricks: 
  When setting up a CpD account, it is important to ensure that all the necessary information is entered correctly. This includes the account name, the payment schedule, and any other relevant information. Additionally, it is important to ensure that all transactions are properly recorded in the system. 
  
  Related Information: 
  The CpD account is part of the SAP FS-AM Account Management component. Other components of this system include Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL). Additionally, there are other types of accounts available in SAP FS-AM Account Management such as Cash Accounts, Credit Accounts, and Investment Accounts.