What is scenario schedule in SAP FS-FPS - Financial Products Subledger?

SAP Term: scenario schedule

• Component: FS-FPS

• Component Name: Financial Products Subledger

• Description: A time grid for forecasting, planning, and simulation scenarios.

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• Key Concepts: 
  Scenario schedule is a feature of the Financial Products Subledger (FS-FPS) component of SAP. It allows users to define and manage scenarios for their financial products. A scenario is a set of conditions that define how a financial product should be processed. The scenario schedule allows users to define when and how often a scenario should be executed. 
  
  How to use it: 
  To use the scenario schedule, users must first create a scenario in the FS-FPS component. Once the scenario is created, users can then define the schedule for when and how often it should be executed. This can be done by setting up a recurring schedule or by manually scheduling the execution of the scenario. 
  
  Tips & Tricks: 
  When setting up a recurring schedule for a scenario, it is important to consider the frequency of the execution and the time of day that it should be executed. This will ensure that the scenario is executed at an optimal time and frequency for your business needs. 
  
  Related Information: 
  For more information on setting up and managing scenarios in FS-FPS, please refer to SAP's documentation on Financial Products Subledger (FS-FPS).