What is economic view in SAP FS-LRM - Liquidity and Risk Management?

SAP Term: economic view

• Component: FS-LRM

• Component Name: Liquidity and Risk Management

• Description: A contract’s cash flows generated based on a set of baseline assumptions describing normal business conditions under which the bank usually operates.

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• Key Concepts: 
  Economic view is a feature of the FS-LRM Liquidity and Risk Management component of SAP. It provides a comprehensive overview of the financial position of an organization, including its liquidity, risk, and profitability. It also allows users to analyze the impact of different scenarios on the organization’s financial position. 
  
  How to use it: 
  The economic view feature can be accessed through the SAP GUI. Once in the GUI, users can select the “Economic View” option from the menu. This will open up a dashboard that displays all relevant information about the organization’s financial position. Users can then use this dashboard to analyze different scenarios and make decisions based on their findings. 
  
  Tips & Tricks: 
  When using the economic view feature, it is important to remember that it is only as accurate as the data that is entered into it. Therefore, it is important to ensure that all data is accurate and up-to-date before making any decisions based on the analysis provided by this feature. 
  
  Related Information: 
  For more information about the economic view feature of FS-LRM Liquidity and Risk Management, please refer to SAP’s official documentation or contact your local SAP representative.