Collateral Object 
Definition
A collateral object is any physical object that has certain value attached to it and which can be used as collateral. Collateral objects can be maintained using Add-On systems provided by Collateral Management or by using external object systems.
For information on collateral object business scenarios supported in Collateral Management, see
Scenarios Supported in Collateral Management
In addition to maintaining specific master data for various business scenarios, Collateral Management provides additional comprehensive functions to meet the business requirements for real estate and securities account. For detailed information, see
Use
You can use collateral objects for maintaining comprehensive master data. The master data attributes can be used for determining the quality of collateral and the value available for use as collateral. Use collateral objects to performing the following functions:
Maintain Master Data
You can maintain the following master data for collateral objects
The master data attributes common to all collateral objects are explained in this document. For specific attributes relevant for the business of the collateral object categories, refer to the documentation for the individual object categories.
○ Detailed attributes such as the type, identification, value, collateral, insurance and other details. You can also define additional attributes for master data in the Implementation Guide (IMG) Customizing.
○ Details for parts of the collateral objects. The object parts have the following features:
■ Each object part must be assigned to collateral object part type.
■ An object part type can be assigned to more than one object types at the same time.
■ All the collateral-specific details such as value, safety discount and lending rates that can be maintained for collateral objects can also be maintained for the individual parts. These values are used in performing calculations for collateral objects.
Collateral Management uses the collateral-specific details of the collateral objects and their object parts in its internal collateral processes. If object parts are defined, then the lending values of the object parts are consolidated with the values for the whole collateral object.
■ The object parts are relevant for collateral object categories. For example, for real estate objects, you can maintain building parts and for inventory, you can maintain stocks.
■ Details of financing if the collateral object has been financed using a receivable.
○ Value details that can be used for determining scope of collateral. The details include market value and purchase price. The system uses the market value as the value of the collateral object in all internal calculations.
○ Other collateral-specific details include the safety discounts, lending rates and liquidation details. You can also maintain different types of values that may be relevant for valuation. Some such values include book value, realizable value, manufacturing costs and loan proceeds.
○ Insurance data for collateral objects against various insurance types. You can specify the insurance amounts, general characteristics and the important dates. The insurance company and the insured persons must be assigned as business partners.
Assign Business Partners and Documents
Assign business partners and documents attached to the collateral objects in relevant partner functions and document types respectively.
Implement Process Configuration Framework
Implement the process configuration framework for determining business activities that can be performed and controlling the quality of data maintained in the collateral objects. You can specify five additional organizational units for the collateral object. Furthermore, a list of all the system and user statuses that the collateral object has assumed in its lifecycle will be shown.
Perform Calculations
Initiate calculations for deriving the final value available from collateral object. The calculations are performed using the corresponding data constellation. If no relationships exist, only the lending value, lending limit and lending ranges will be determined for the collateral object. The lending value of the parts is considered while calculating the total lending value.
Initiate Correspondence
Initiate outgoing correspondence for business partners.
Structure
The master data that can be maintained for collateral objects is shown in several tab pages. The structure and possible screens can be changed using the Business Data Toolset (BDT) and the Implementation Guide (IMG) Customizing. You must therefore note that the screens and tab pages may not be the same for all the collateral object categories or even for the collateral object types.
Integration
In Collateral Management, the collateral-specific details of collateral objects are represented internally using assets. To enable this representation, you must define the following Customizing settings:
Define the following in the Implementation Guide (IMG):
○ Names of object systems that you want to implement by choosing Collateral Management ®Assets ®Define Object Systems.
○ Asset types that are required to represent the collateral object types by choosing Collateral Management ® Assets ® Define Asset Types. In addition, you must assign a relevant asset type to each collateral object type. The system uses this assignment to internally represent the collateral details of collateral objects.
○ Asset type-collateral agreement type assignments by choosing Collateral Management®Collateral Agreement®Assign Asset Types to Collateral Agreement Types. These assignments must be relevant from the business perspective of the collateral agreements. The system uses these assignments to determine if charges assigned to collateral agreements are appropriate.
Implement the following interfaces:
● In order to assign collateral objects to collateral agreements, you must implement the asset interface (Business Add-Ins CMS_AST_DIALOG and CMS_AST_NONDIALOG). This interface is used to retrieve collateral-specific data from object systems. The object systems can be Add-Ons provided by Collateral Management or external object systems.
● The standard system provides interfaces that can be used for implementing external business partner and document systems. Collateral Management provides an example implementation for SAP Financial Services Business Partner (FSBP) and a default implementation for Document Management System (DMS).
For detailed information on implementing external object systems, see