What is source system in SAP FS-LMS - Liquidity Management Suite?

SAP Term: source system

Component: FS-LMS
Component Name: Liquidity Management Suite
Description: The system that is the source of transactional data sent to LMS. Source systems can be internal or external to the bank.

Key Concepts: A source system is a system that provides data to the FS-LMS Liquidity Management Suite. It can be an external system, such as a bank, or an internal system, such as an ERP system. The source system is responsible for providing the data that will be used by the FS-LMS Liquidity Management Suite to generate reports and analytics. How to use it: The source system must be configured to provide the necessary data to the FS-LMS Liquidity Management Suite. This includes setting up the connection between the source system and the FS-LMS Liquidity Management Suite, as well as configuring the data fields that will be used by the FS-LMS Liquidity Management Suite. Once this is done, the source system can be used to provide data to the FS-LMS Liquidity Management Suite. Tips & Tricks: It is important to ensure that the data provided by the source system is accurate and up-to-date. This will ensure that the reports and analytics generated by the FS-LMS Liquidity Management Suite are accurate and reliable. Additionally, it is important to regularly review and update the connection between the source system and the FS-LMS Liquidity Management Suite in order to ensure that it is functioning properly. Related Information: The FS-LMS Liquidity Management Suite can also be connected to other systems, such as accounting systems or customer relationship management (CRM)

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