What is 'action' in SAP FS-PM - Policy Management?

action - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: The activity you perform to process policies. On the user interface, you can select various actions in the "Action" menu or as pushbuttons in the Action toolbar. Examples: Change Option, Risk Assessment

action - Details

• 
  Key Concepts: 
  An action in SAP FS-PM Policy Management is a set of instructions that can be triggered by a certain event. It is used to automate processes and tasks, such as creating a new policy or updating an existing one. Actions can be triggered manually or automatically, depending on the configuration. 
  
  How to use it: 
  Actions can be created and configured in the SAP FS-PM Policy Management system. To create an action, select the “Actions” tab in the main menu and then click “Create Action”. From there, you can configure the action by setting up the conditions that will trigger it, as well as the instructions that will be executed when it is triggered. 
  
  Tips & Tricks: 
  When creating an action, it is important to consider the conditions that will trigger it. Make sure that the conditions are specific enough so that the action will only be triggered when necessary. Additionally, it is important to consider the instructions that will be executed when the action is triggered. Make sure that they are clear and concise so that they can be easily understood and executed. 
  
  Related Information: 
  For more information on actions in SAP FS-PM Policy Management, please refer to the official documentation at https://help.sap.com/viewer/product/FS-PM/1.0/en-US