What is 'near-cash asset' in SAP FS-LMS - Liquidity Management Suite?

near-cash asset - Overview

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: A bank asset that is not cash, but can be quickly converted into cash. For example, a government bond that can be easily repurchased or a commercial loan eligible as collateral at the local central bank.

near-cash asset - Details

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  Key Concepts: 
  Near-cash assets are financial instruments that can be quickly converted into cash with minimal risk and cost. They are typically short-term investments such as money market funds, certificates of deposit, and treasury bills. In the SAP FS-LMS Liquidity Management Suite, near-cash assets are used to manage liquidity and optimize cash flow. 
  
  How to use it: 
  The SAP FS-LMS Liquidity Management Suite allows users to manage near-cash assets by tracking their value, maturity date, and other relevant information. Users can also use the suite to analyze the performance of their near-cash assets and make decisions about when to buy or sell them. 
  
  Tips & Tricks: 
  When managing near-cash assets, it is important to consider the risk associated with each investment. It is also important to diversify your investments in order to minimize risk and maximize returns. 
  
  Related Information: 
  For more information about near-cash assets and how to manage them using the SAP FS-LMS Liquidity Management Suite, please refer to the official SAP documentation.