What is expectation change in SAP FS-FPS - Financial Products Subledger?

SAP Term: expectation change

• Component: FS-FPS

• Component Name: Financial Products Subledger

• Description: A change that has led to the current cash flow version. SAP provides expectation changes as expectation change categories. The expectation change categories are mapped to the accounting changes. &EXAMPLE& Inception date Contract change Method change Contract end

Smart SAP Assistant

• Key Concepts: 
  Expectation change is a feature of the Financial Products Subledger (FS-FPS) component of SAP. It allows users to make changes to the expected values of financial products, such as loans, investments, and derivatives. This feature helps users to manage their financial products more effectively and accurately. 
  
  How to use it: 
  To use the expectation change feature, users must first enter the expected values for their financial products into the FS-FPS system. Once this is done, users can then make changes to these values as needed. The changes can be made manually or automatically, depending on the user's preferences. 
  
  Tips & Tricks: 
  When making changes to the expected values of financial products, it is important to ensure that all changes are accurately recorded in the system. This will help to ensure that all transactions are properly accounted for and that any discrepancies are quickly identified and addressed. 
  
  Related Information: 
  The expectation change feature is part of the Financial Products Subledger (FS-FPS) component of SAP. Other features of this component include loan origination, loan servicing, and investment management. For more information about these features, please refer to the SAP documentation.