What is program type in SAP IM - Investment Management?

SAP Term: program type

• Component: IM

• Component Name: Investment Management

• Description: Classification of an investment program. Along with various control parameters for planning and budgeting investment programs, the program type contains the CO object class for example, investment, overhead costs, production, and so on. When you create an investment program, you have to assign a program type. You can define your own program types in the SAP System.

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• Key Concepts: 
  Program type is a classification of investment programs in SAP Investment Management (IM). It is used to group investments into categories, such as capital investments, operating investments, and research and development investments. Program types are used to define the investment strategy and to track the progress of investments. 
  
  How to use it: 
  Program types are used to classify investments in SAP IM. When creating an investment program, the user must select a program type from the list of available program types. The program type will determine the investment strategy and will be used to track the progress of the investment. 
  
  Tips & Tricks: 
  When selecting a program type, it is important to consider the investment strategy and goals of the program. Different program types may have different requirements or restrictions, so it is important to select the appropriate program type for the investment. 
  
  Related Information: 
  For more information on program types in SAP IM, please refer to the SAP Help documentation.