What is 'maximum calculation period' in SAP FS-AM - Account Management?

maximum calculation period - Overview

• Component: FS-AM

• Component Name: Account Management

• Description: A period to which the calculation of interest penalty can be restricted to as a maximum. This is normally used for savings products with fixed expiration dates a typical value is 900 days.

maximum calculation period - Details

• 
  Key Concepts: 
  The maximum calculation period in SAP FS-AM Account Management is the maximum amount of time that can elapse between two consecutive calculations of an account balance. This period is set by the user and can be adjusted as needed. 
  
  How to use it: 
  The maximum calculation period can be set in the SAP system by navigating to the FS-AM Account Management component and selecting the “Maximum Calculation Period” option. From there, the user can enter the desired amount of time for the calculation period. 
  
  Tips & Tricks: 
  It is important to note that the maximum calculation period should not be set too long, as this could lead to inaccurate account balances. It is recommended that users adjust the maximum calculation period as needed in order to ensure accurate account balances. 
  
  Related Information: 
  For more information on setting the maximum calculation period in SAP FS-AM Account Management, please refer to the SAP Help documentation.