What is entity in SAP FS-LMS - Liquidity Management Suite?

SAP Term: entity

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: A functional organization unit of the bank. Example for entities are: Legal entities, such as branches or subsidiaries. Internal units, such as business units that control their own account or channels. A combination of the above.

Smart SAP Assistant

• Key Concepts: 
  An entity in the FS-LMS Liquidity Management Suite is a logical grouping of data that is used to represent a real-world object. This could be a customer, a vendor, or an account. Entities are used to store and manage data related to the object they represent. 
  
  How to use it: 
  Entities are used in the FS-LMS Liquidity Management Suite to store and manage data related to customers, vendors, and accounts. This data can be used to generate reports, analyze trends, and make decisions about how to manage liquidity. 
  
  Tips & Tricks: 
  When creating entities in the FS-LMS Liquidity Management Suite, it is important to ensure that all relevant data is included. This will ensure that reports and analyses are accurate and up-to-date. 
  
  Related Information: 
  For more information on entities in the FS-LMS Liquidity Management Suite, please refer to the official documentation provided by SAP.