What is cash flow pool in SAP FS-LRM - Liquidity and Risk Management?

SAP Term: cash flow pool

• Component: FS-LRM

• Component Name: Liquidity and Risk Management

• Description: The number of cash flow data records in the database.

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• Key Concepts: 
  Cash flow pool is a feature of the SAP FS-LRM Liquidity and Risk Management component. It is a tool that allows companies to manage their cash flows by grouping them into pools. This allows companies to better analyze and forecast their cash flows, as well as identify potential risks and opportunities. 
  
  How to use it: 
  To use the cash flow pool feature, companies must first define the pools they want to create. This includes setting up the parameters for each pool, such as the type of cash flow (incoming or outgoing), the currency, and the time period. Once the pools are defined, companies can then add cash flows to each pool and analyze them. 
  
  Tips & Tricks: 
  When setting up cash flow pools, it is important to consider how they will be used. For example, if a company wants to analyze their cash flows over a long period of time, they should create pools with longer time periods. Additionally, it is important to consider how different types of cash flows will be grouped together in order to get the most accurate analysis. 
  
  Related Information: 
  The cash flow pool feature is part of the SAP FS-LRM Liquidity and Risk Management component. This component also includes features such as liquidity forecasting, risk management, and capital optimization. Additionally, there are other tools available that can help companies manage their cash flows, such as budgeting software and financial planning software.