What is 'assumption change' in SAP FS-BA-PM-SFA - Smart Accounting for Financial Instruments?

assumption change - Overview

• Component: FS-BA-PM-SFA

• Component Name: Smart Accounting for Financial Instruments

• Description: A change in the accounting balance that is based on a change in expectations for example, due to changes in demographic or economic developments.

assumption change - Details

• 
  Key Concepts: 
  Assumption change is a feature of the FS-BA-PM-SFA Smart Accounting for Financial Instruments component of SAP. It allows users to make changes to the assumptions used in the calculation of financial instruments, such as interest rates, exchange rates, and other variables. This allows users to adjust the results of their calculations to reflect current market conditions. 
  
  How to use it: 
  To use the assumption change feature, users must first select the financial instrument they wish to adjust. Then, they can select the assumption they wish to change and enter the new value. Once the new value is entered, the system will recalculate the results based on the new assumption. 
  
  Tips & Tricks: 
  When making an assumption change, it is important to remember that the results may be different than expected. Therefore, it is important to double-check all calculations after making an assumption change. Additionally, it is important to keep track of all changes made in order to ensure accuracy and consistency in future calculations. 
  
  Related Information: 
  For more information on assumption change in SAP FS-BA-PM-SFA Smart Accounting for Financial Instruments, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.