What is channel support in SAP FS-LMS - Liquidity Management Suite?

SAP Term: channel support

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: A set of LMS functions supporting the configuration of channels, subchannels related channel limits, and related parties.

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  Key Concepts: 
  Channel support is a feature of the FS-LMS Liquidity Management Suite (LMS) that allows users to manage their liquidity across multiple channels. This includes managing cash flows, payments, and investments across different channels such as banks, financial institutions, and other third-party providers. It also allows users to monitor and analyze their liquidity in real-time. 
  
  How to use it: 
  To use channel support, users must first set up their liquidity management system. This includes setting up accounts with banks and other financial institutions, as well as setting up payment and investment channels. Once the system is set up, users can then manage their liquidity across multiple channels. This includes monitoring cash flows, payments, and investments in real-time. 
  
  Tips & Tricks: 
  When setting up your liquidity management system, it is important to ensure that all accounts are properly linked and that all payment and investment channels are properly configured. Additionally, it is important to regularly monitor your liquidity across all channels to ensure that you are making the most of your resources. 
  
  Related Information: 
  For more information on channel support in the FS-LMS Liquidity Management Suite, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for managing liquidity across multiple channels.