What is facility in SAP FS-BA-AN-LM - Limit Manager?

SAP Term: facility

• Component: FS-BA-AN-LM

• Component Name: Limit Manager

• Description: Amount of a facility or credit line.

Smart SAP Assistant

• Key Concepts: 
  FS-BA-AN-LM Limit Manager is a facility in SAP that allows users to manage and monitor credit limits for customers. It provides a comprehensive overview of customer credit limits, including the current limit, the amount of credit used, and the remaining available credit. It also allows users to set up alerts when a customer reaches their credit limit. 
  
  How to use it: 
  To use FS-BA-AN-LM Limit Manager, users must first set up the customer’s credit limit in the system. This can be done by entering the customer’s name and the desired credit limit. Once this is done, users can monitor the customer’s credit usage and set up alerts when they reach their limit. 
  
  Tips & Tricks: 
  When setting up a customer’s credit limit, it is important to ensure that the limit is appropriate for their needs. It is also important to regularly review and update the customer’s credit limit as their needs change. 
  
  Related Information: 
  FS-BA-AN-LM Limit Manager is part of SAP’s Financial Services suite of products. It is designed to help businesses manage their customer’s credit limits and ensure that they are not overspending. Other products in this suite include SAP Credit Management and SAP Cash Management.