What is 'change category' in SAP FS-PM - Policy Management?

change category - Overview

• Component: FS-PM

• Component Name: Policy Management

• Description: Structures the sequence of various time model functions. When the date is reached, the time model functions are executed in ascending order, according to the amendment category.

change category - Details

• 
  Key Concepts: 
  Change Category is a feature in SAP FS-PM Policy Management that allows users to categorize changes made to policies. This categorization helps users to quickly identify and track changes, as well as to analyze the impact of changes on the policy. 
  
  How to use it: 
  To use Change Category, users must first create a category for the change they wish to make. This can be done by selecting the “Create Change Category” option from the FS-PM Policy Management menu. Once the category is created, users can then assign it to any changes they make to policies. 
  
  Tips & Tricks: 
  When creating a Change Category, it is important to give it a descriptive name that accurately reflects the type of change being made. This will help users quickly identify and track changes in the future. 
  
  Related Information: 
  For more information on Change Category in SAP FS-PM Policy Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/FS-PM/latest/en-US.