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

SAP Term: event

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: Data for a single transaction received via an input feed or from manual transaction maintenance that includes information about a payment, receipt, or reservation. The event can be originated from internal and external bank systems.

Smart SAP Assistant

• Key Concepts: 
  An event in the FS-LMS Liquidity Management Suite is a type of transaction that is triggered by a specific condition or set of conditions. Events can be used to automate processes, such as payments, transfers, and other financial activities. Events can also be used to monitor and control liquidity in an organization. 
  
  How to use it: 
  Events can be created in the FS-LMS Liquidity Management Suite by defining the conditions that will trigger the event. Once the conditions are set, the event will be triggered when those conditions are met. The event can then be used to initiate a process or action, such as a payment or transfer. 
  
  Tips & Tricks: 
  When creating events in the FS-LMS Liquidity Management Suite, it is important to ensure that the conditions are set correctly so that the event is triggered at the right time. It is also important to ensure that the action taken when the event is triggered is appropriate for the situation. 
  
  Related Information: 
  The FS-LMS Liquidity Management Suite also includes other features such as alerts and notifications, which can be used in conjunction with events to provide additional control and monitoring of liquidity. Additionally, events can be used in combination with other SAP software solutions such as SAP ERP and SAP S/4HANA to automate processes across multiple systems.