What is application event management in SAP FS-BA-PM-AFP - Accounting for Financial Products?

SAP Term: application event management

• Component: FS-BA-PM-AFP

• Component Name: Accounting for Financial Products

• Description: Component that saves application events and provides an overview of them. This monitor for application events can be used to display and modify the delivery status, and to reverse application events. In this way, it can be determined whether an application event has to be delivered to processing applications.

Smart SAP Assistant

• Key Concepts: 
  Application Event Management (AEM) is a component of the SAP Financial Services – Banking and Payments (FS-BA-PM-AFP) module. It is used to monitor and manage events that occur in the system, such as changes to customer data or transactions. AEM helps to ensure that all events are tracked and handled in a timely manner. 
  
  How to use it: 
  AEM can be used to monitor events in the system, such as changes to customer data or transactions. It can also be used to trigger notifications when certain events occur, such as when a customer’s account balance reaches a certain threshold. AEM can also be used to generate reports on the events that have occurred in the system. 
  
  Tips & Tricks: 
  When using AEM, it is important to ensure that all events are tracked and handled in a timely manner. It is also important to ensure that notifications are sent out when necessary, so that any potential issues can be addressed quickly. 
  
  Related Information: 
  AEM is part of the SAP Financial Services – Banking and Payments (FS-BA-PM-AFP) module. Other components of this module include Payment Processing, Cash Management, and Risk Management.