What is activity in SAP FS-PM - Policy Management?

SAP Term: activity

• Component: FS-PM

• Component Name: Policy Management

• Description: Process unit that represents a process element of a business transaction and that creates no, one or more application statuses and no, one or more entries in the journal. This can be imbedded in as many business processes or business transactions as needed. The results of such a process unit are saved in the application business object. This process unit is the smallest unit within a processing that can be managed using Business Process Management. These units can no longer be logically subdivided.

Smart SAP Assistant

• Key Concepts: 
  Activity is a term used in the FS-PM Policy Management component of SAP. It is a type of task that can be assigned to a user or group of users. Activities are used to define the steps that need to be taken in order to complete a policy or process. 
  
  How to use it: 
  Activities can be created and assigned to users or groups of users in the FS-PM Policy Management component. The user or group of users will then be responsible for completing the activity in order to complete the policy or process. 
  
  Tips & Tricks: 
  When creating activities, it is important to ensure that they are clearly defined and that all necessary steps are included. This will help ensure that the policy or process is completed correctly and efficiently. 
  
  Related Information: 
  For more information on activities in the FS-PM Policy Management component, please refer to the SAP Help documentation.