What is determination period in SAP FS-AM - Account Management?

SAP Term: determination period

• Component: FS-AM

• Component Name: Account Management

• Description: A period for which turnovers in one turnover class are calculated to determine the condition. The determination period can be defined for each condition.

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• Key Concepts: 
  Determination period is a feature of the FS-AM Account Management component of SAP. It is used to define the period of time in which a particular account can be used for a specific purpose. This period can be set to any length of time, from one day to several years. The determination period is used to ensure that accounts are used for their intended purpose and not misused or abused. 
  
  How to use it: 
  The determination period is set up in the FS-AM Account Management component of SAP. To do this, the user must first select the account they wish to set the determination period for. Then, they must enter the start and end dates for the period. Once this is done, the user can save their changes and the determination period will be applied to the account. 
  
  Tips & Tricks: 
  When setting up a determination period, it is important to make sure that it is long enough to cover all of the activities that will be taking place during that time. It is also important to make sure that the start and end dates are accurate so that there are no discrepancies in the account usage. 
  
  Related Information: 
  The determination period feature of FS-AM Account Management can be used in conjunction with other features such as account restrictions and account limits. These features can help ensure that accounts are used properly and not abused or misused. Additionally, it is important to note that determination periods can be changed at any time if needed.