What is cash balance in SAP FS-LMS - Liquidity Management Suite?

SAP Term: cash balance

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: The cash available to meet current obligations. Cash balances are kept at currency levels and account levels.

Smart SAP Assistant

• Key Concepts: 
  Cash balance is a term used in SAP's FS-LMS Liquidity Management Suite. It is the amount of money that a company has available to use for its operations. This includes cash on hand, as well as money held in bank accounts and other financial instruments. The cash balance is an important indicator of a company's financial health, as it shows how much money is available to cover expenses and investments.
  
  How to use it: 
  The cash balance can be accessed in SAP's FS-LMS Liquidity Management Suite. This suite provides a comprehensive view of a company's liquidity position, including the cash balance. It also allows users to track and analyze cash flows, as well as manage liquidity risk. The suite also provides tools for forecasting future cash needs and managing liquidity across multiple currencies.
  
  Tips & Tricks: 
  It is important to regularly monitor the cash balance in order to ensure that there is enough money available to cover expenses and investments. Additionally, it is important to consider the impact of currency fluctuations when managing liquidity across multiple currencies. 
  
  Related Information: 
  The cash balance is closely related to other financial metrics such as working capital and net debt. Additionally, it is important to consider the impact of taxes when calculating the cash balance.