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Component: PSM-FM
Component Name: Funds Management
Description: Infrastructure represents improvements which increase the value of land. These improvements have long useful lives and are not easily moved or replaced. Examples includes bridges, streets, tunnels, piping, cabling, and airport runways.
Key Concepts: SAP Infrastructure is a set of software and hardware components that provide the foundation for SAP applications. It includes the operating system, database, middleware, and other components that are necessary for the successful operation of SAP applications. PSM-FM Funds Management is a component of SAP Infrastructure that provides financial management capabilities to organizations. It enables organizations to manage their financial resources more efficiently and effectively. How to use it: PSM-FM Funds Management can be used to manage financial resources such as cash, investments, and other assets. It provides features such as budgeting, forecasting, and reporting capabilities. It also provides tools for managing accounts receivable and accounts payable. Additionally, it can be used to track expenses and generate reports on financial performance. Tips & Tricks: When using PSM-FM Funds Management, it is important to ensure that all data is accurate and up-to-date. Additionally, it is important to ensure that all transactions are properly recorded in order to maintain accurate financial records. Finally, it is important to regularly review reports generated by PSM-FM Funds Management in order to identify any potential issues or discrepancies. Related Information: SAP Infrastructure also includes other components such as SAP HANA, SAP Business Suite, and SAP Business Warehouse. Additionally, there are a variety of third-party solutions available that can be used in conjunction with PSM-FM Funds Management in order to provide additional functionality and features.