What is liquid asset in SAP FS-LMS - Liquidity Management Suite?

SAP Term: liquid asset

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: Asset that can be turned into cash in the short term. Liquid assets can be sold quickly without a significant loss, repurchased, or pledged for liquidity at central banks.

Smart SAP Assistant

• Key Concepts: 
  A liquid asset is an asset that can be quickly converted into cash without significantly affecting its market value. In the context of SAP's FS-LMS Liquidity Management Suite, liquid assets are used to manage liquidity risk and optimize cash flow. 
  
  How to use it: 
  The FS-LMS Liquidity Management Suite enables users to manage their liquidity risk by monitoring and analyzing their liquid assets. It provides a comprehensive view of the liquidity position of an organization, allowing users to identify potential risks and opportunities. The suite also provides tools for forecasting cash flows and optimizing liquidity management strategies. 
  
  Tips & Tricks: 
  When using the FS-LMS Liquidity Management Suite, it is important to ensure that the liquid assets are properly monitored and managed. This includes regularly reviewing the liquidity position of the organization, as well as monitoring changes in market conditions that may affect the value of the liquid assets. 
  
  Related Information: 
  The FS-LMS Liquidity Management Suite is part of SAP's Financial Services portfolio, which also includes solutions for banking, insurance, and capital markets. For more information about SAP's Financial Services solutions, please visit https://www.sap.com/products/financial-services.html.