What is target vector in SAP FS-AM - Account Management?

SAP Term: target vector

• Component: FS-AM

• Component Name: Account Management

• Description: Transformed system data that corresponds to the query vector. Both vectors have the same fields features, such as the account number or the name of the recipient. The target vector is used in the Intelligent Account Finder for Payments to calculate the distances between a query vector and a possible target vector and create a list of proposed accounts from this calculation.

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• Key Concepts: 
  Target vector is a feature of the FS-AM Account Management component of SAP. It is a set of data that defines the target values for a particular account. This data includes the account's target balance, target interest rate, and other related information. 
  
  How to use it: 
  The target vector is used to define the desired outcome for an account. It can be used to set up a budget or to track performance against a goal. The target vector can also be used to compare different accounts and identify areas of improvement. 
  
  Tips & Tricks: 
  When setting up a target vector, it is important to consider the current market conditions and the account's risk profile. This will help ensure that the target values are realistic and achievable. Additionally, it is important to regularly review and update the target vector as market conditions change. 
  
  Related Information: 
  The FS-AM Account Management component also includes features such as account monitoring, portfolio analysis, and reporting tools. These features can be used in conjunction with the target vector to help manage accounts more effectively.