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

SAP Term: expected event

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: Represents transactions to be completed in the future.

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• Key Concepts: 
  Expected events are a feature of the FS-LMS Liquidity Management Suite that allow users to plan and manage their liquidity needs. They are used to forecast future cash flows and to identify potential liquidity risks. Expected events can be used to create liquidity plans, monitor liquidity positions, and analyze liquidity risk. 
  
  How to use it: 
  Expected events can be used to create liquidity plans by forecasting future cash flows and identifying potential liquidity risks. The user can define expected events such as payments, receipts, and transfers, and assign them to specific accounts. The user can also set up rules for each expected event, such as the amount, frequency, and date of the event. 
  
  Tips & Tricks: 
  When creating expected events, it is important to consider the impact of each event on the overall liquidity position. For example, if a payment is due in the near future, it may be necessary to adjust other expected events in order to ensure that sufficient funds are available when the payment is due. 
  
  Related Information: 
  The FS-LMS Liquidity Management Suite also includes features such as cash flow forecasting, liquidity risk analysis, and reporting capabilities. These features can be used in conjunction with expected events to create comprehensive liquidity plans and monitor liquidity positions.