What is cohort in SAP PSM-FM - Funds Management?

SAP Term: cohort

• Component: PSM-FM

• Component Name: Funds Management

• Description: A two-digit numeric field that is reported to Treasury through the FACTS II process. The cohort identifies a group of loans made that have similar characteristics and most often consists of the last two digits of the fiscal year in which the obligations for the loans were recorded.

Smart SAP Assistant

• Key Concepts: 
  Cohort is a term used in SAP Funds Management (PSM-FM) to refer to a group of funds that are managed together. This group of funds can be used to track and manage the financial resources of an organization. Cohorts are typically used to track the financial resources of a specific project or program. 
  
  How to use it: 
  In SAP Funds Management, cohorts are used to manage the financial resources of an organization. A cohort can be created by assigning a unique identifier to a group of funds. This identifier is then used to track and manage the funds within the cohort. The funds within a cohort can be managed separately or together, depending on the needs of the organization. 
  
  Tips & Tricks: 
  When creating a cohort in SAP Funds Management, it is important to ensure that all funds within the cohort are properly identified and tracked. This will help ensure that all funds are managed correctly and that any changes made to one fund do not affect the other funds in the cohort. 
  
  Related Information: 
  For more information on cohorts in SAP Funds Management, please refer to the official SAP documentation on Funds Management (PSM-FM). Additionally, there are many online resources available that provide detailed information on how to use cohorts in SAP Funds Management.