What is manual balance transfer in SAP FS-LMS - Liquidity Management Suite?

SAP Term: manual balance transfer

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: A manual LMS function to initiate the movement of money from one account to another.

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• Key Concepts: 
  Manual balance transfer is a feature of the SAP FS-LMS Liquidity Management Suite. It allows users to manually transfer balances between accounts, such as from a checking account to a savings account. This feature is useful for managing liquidity and cash flow. 
  
  How to use it: 
  To use manual balance transfer, users must first set up the accounts they wish to transfer between. Once the accounts are set up, users can select the source and target accounts and enter the amount of money they wish to transfer. The system will then process the transfer and update the balances accordingly. 
  
  Tips & Tricks: 
  When using manual balance transfer, it is important to double-check the source and target accounts before submitting the transfer. This will help ensure that the correct amounts are transferred between the correct accounts. Additionally, users should be aware of any fees associated with transferring funds between accounts. 
  
  Related Information: 
  Manual balance transfer is just one of many features available in SAP FS-LMS Liquidity Management Suite. Other features include automated payments, cash forecasting, and liquidity reporting. For more information about these features, please refer to the SAP documentation or contact your SAP representative.