What is free text module in SAP FS-PM - Policy Management?

SAP Term: free text module

• Component: FS-PM

• Component Name: Policy Management

• Description: For certain correspondence types, the user can enhance the document contents with a text module, at predefined points. In a dialog step, the user can assign the text module name to these placeholders. This procedure is marked as the entry of free text modules.

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• Key Concepts: 
  The Free Text Module is a component of the FS-PM Policy Management module in SAP. It allows users to enter free text into the system, which can then be used to store and manage information related to policies and procedures. This module is useful for organizations that need to store and manage large amounts of information related to their policies and procedures.
  
  How to use it: 
  The Free Text Module can be accessed through the FS-PM Policy Management module in SAP. Once accessed, users can enter free text into the system, which can then be used to store and manage information related to policies and procedures. The free text can be used to create documents, such as policy statements or procedure manuals, which can then be stored in the system for easy access and retrieval.
  
  Tips & Tricks: 
  When entering free text into the system, it is important to ensure that the text is clear and concise. This will help ensure that the information is easy to understand and can be quickly retrieved when needed. Additionally, it is important to ensure that all relevant information is included in the free text, as this will help ensure that all necessary information is stored in the system.
  
  Related Information: 
  The Free Text Module is part of the larger FS-PM Policy Management module in SAP. This module also includes other components such as Policy Administration, Policy Execution, and Policy Reporting. Additionally, there are other modules within SAP that are related to policy management, such as Risk Management and Compliance Management.