What is working day shift in SAP FS-AM - Account Management?

SAP Term: working day shift

• Component: FS-AM

• Component Name: Account Management

• Description: The way in which a certain periodically recurring date is to be shifted if this date does not fall on a working day as per the calendar settings in the system. The date being shifted can involve, for example, the next execution date for a settlement run or the due date of a loan installment.

Smart SAP Assistant

• Key Concepts: 
  Working day shift is a feature of the FS-AM Account Management component of SAP. It allows users to define a specific working day shift for each account, which can be used to determine when transactions are posted and when they are due. This feature helps to ensure that all transactions are posted and processed in a timely manner. 
  
  How to use it: 
  To use the working day shift feature, users must first define the working day shift for each account. This can be done by selecting the “Working Day Shift” option from the “Accounts” tab in the FS-AM Account Management component. Once the working day shift has been defined, it will be applied to all transactions associated with that account. 
  
  Tips & Tricks: 
  When defining a working day shift, it is important to consider the time zone of the account and any other factors that may affect when transactions are posted or due. Additionally, users should ensure that they have sufficient time to review and approve any transactions that are due during the working day shift. 
  
  Related Information: 
  For more information on how to use the working day shift feature in FS-AM Account Management, please refer to SAP’s official documentation. Additionally, users may find it helpful to consult with their SAP support team for further assistance.