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

SAP Term: scheduler

• Component: FS-LMS

• Component Name: Liquidity Management Suite

• Description: Function of LMS that determines the date of outgoing payments. The release manager asks the scheduler to determine the date when outgoing payments can be released.

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• Key Concepts: 
  Scheduler is a component of the FS-LMS Liquidity Management Suite (LMS) that enables users to automate the execution of liquidity management tasks. It allows users to define and schedule tasks such as payments, transfers, and other liquidity management activities. Scheduler also provides a graphical user interface (GUI) for users to view and manage their scheduled tasks. 
  
  How to use it: 
  To use Scheduler, users must first define the tasks they want to automate. This can be done by creating a task template in the Scheduler GUI. The template includes information such as the task name, description, frequency, and parameters. Once the template is created, users can then schedule the task by setting the start date and time. The task will then be executed according to the specified parameters. 
  
  Tips & Tricks: 
  When creating a task template, it is important to ensure that all of the necessary parameters are included. This will ensure that the task is executed correctly and efficiently. Additionally, it is important to review the scheduled tasks regularly to ensure that they are running as expected. 
  
  Related Information: 
  Scheduler is part of SAP's FS-LMS Liquidity Management Suite (LMS). Other components of LMS include Cash Flow Forecasting, Cash Positioning, and Liquidity Planning. For more information about LMS and its components, please refer to SAP's official documentation.