What is focus date in SAP GRC-RM - GRC Risk Management?

SAP Term: focus date

• Component: GRC-RM

• Component Name: GRC Risk Management

• Description: The selection date for hierarchy retrieval.

Smart SAP Assistant

• Key Concepts: 
  Focus date is a term used in SAP GRC Risk Management (GRC-RM). It is a date used to determine the validity of a risk assessment. The focus date is the date on which the risk assessment is based and is used to determine the validity of the risk assessment. 
  
  How to use it: 
  The focus date is set when creating a risk assessment. It can be changed at any time during the risk assessment process. The focus date should be set to the most recent date possible, as this will ensure that the risk assessment is up-to-date and accurate. 
  
  Tips & Tricks: 
  When setting the focus date, it is important to consider any changes that may have occurred since the last risk assessment was conducted. This will ensure that the risk assessment is based on the most up-to-date information available. 
  
  Related Information: 
  The focus date is an important part of SAP GRC Risk Management (GRC-RM). It is used to determine the validity of a risk assessment and should be set to the most recent date possible. Additionally, it is important to consider any changes that may have occurred since the last risk assessment was conducted when setting the focus date.