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

SAP Term: fund range

• Component: FS-PM

• Component Name: Policy Management

• Description: A fund range contains multiple funds. A fund range can be assigned to one or more products. A product can be assigned to one or more fund ranges. The funds can have different issuance fees and management charges depending on the range.

Smart SAP Assistant

• Key Concepts: 
  Fund range is a component of the SAP FS-PM Policy Management module. It is used to define the range of funds that can be used for a particular policy. The fund range is used to determine which funds are available for a policy and to ensure that the policy is within the specified range. 
  
  How to use it: 
  The fund range is set up in the SAP system by defining the start and end dates of the fund range. The start date is the date when the policy begins and the end date is when the policy ends. The fund range can also be set up to include multiple funds, allowing for more flexibility in managing policies. 
  
  Tips & Tricks: 
  When setting up a fund range, it is important to ensure that all funds are within the specified range. This will help to ensure that all policies are within the specified range and that no funds are left out. Additionally, it is important to keep track of any changes made to the fund range, as this can affect how policies are managed. 
  
  Related Information: 
  For more information on setting up a fund range in SAP FS-PM Policy Management, please refer to SAP's documentation on Fund Range Setup. Additionally, there are many online resources available that provide more detailed information on setting up and managing fund ranges in SAP FS-PM Policy Management.