What is process interim account in SAP FS-MCM - Master Contract Management?

SAP Term: process interim account

• Component: FS-MCM

• Component Name: Master Contract Management

• Description: An internal bank account on which P&L positions are posted to transfer them to the recipient by means of a payment directive.

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• Key Concepts: 
  Process interim account is a feature of SAP FS-MCM Master Contract Management. It is an account that is used to temporarily store the financial data of a contract until it is posted to the general ledger. This allows for the contract to be monitored and tracked without affecting the general ledger. 
  
  How to use it: 
  The process interim account is used to store the financial data of a contract until it is posted to the general ledger. This allows for the contract to be monitored and tracked without affecting the general ledger. The process interim account can be accessed through the SAP FS-MCM Master Contract Management module. 
  
  Tips & Tricks: 
  When using the process interim account, it is important to ensure that all financial data is accurate and up-to-date before posting it to the general ledger. This will help ensure that all financial information is accurate and up-to-date in the general ledger. 
  
  Related Information: 
  For more information on SAP FS-MCM Master Contract Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this module.