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

cleared balance - Overview

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: A balance that has been posted in the account and is available for withdrawal.

cleared balance - Details

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  Key Concepts: 
  Cleared balance is a term used in the FS-LMS Liquidity Management Suite of SAP software. It is the amount of money that has been cleared and is available for use. This amount is calculated by subtracting any outstanding payments from the total balance. 
  
  How to use it: 
  The cleared balance can be used to determine the amount of money that can be used for transactions. It is important to keep track of the cleared balance as it can help to ensure that there are enough funds available for transactions. 
  
  Tips & Tricks: 
  It is important to keep track of the cleared balance on a regular basis in order to ensure that there are enough funds available for transactions. Additionally, it is important to keep track of any outstanding payments in order to accurately calculate the cleared balance. 
  
  Related Information: 
  The cleared balance is an important concept in SAP software and is related to other concepts such as liquidity management, cash flow, and financial planning. Understanding these concepts can help to ensure that transactions are properly managed and that funds are available when needed.