What is fund management in SAP FS-PM - Policy Management?

SAP Term: fund management

• Component: FS-PM

• Component Name: Policy Management

• Description: Component in which the funds and fund ranges are managed.

Smart SAP Assistant

• Key Concepts: 
  Fund Management is a component of SAP’s Financial Services (FS) Policy Management (PM) module. It is used to manage the financial resources of an organization, including budgeting, forecasting, and tracking of funds. It also provides a comprehensive view of the financial position of an organization. 
  
  How to use it: 
  Fund Management can be used to create and manage budgets, track expenses, and forecast future financial needs. It also provides a comprehensive view of the financial position of an organization, allowing users to make informed decisions about their finances. Additionally, it can be used to monitor and control spending, as well as to analyze financial performance. 
  
  Tips & Tricks: 
  When using Fund Management, it is important to ensure that all data is accurate and up-to-date. Additionally, users should take advantage of the reporting capabilities offered by the module in order to gain insights into their financial performance. 
  
  Related Information: 
  For more information on Fund Management, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are many online resources available that provide detailed information on how to use this module.