Receivable 

Definition

Any credit commitment the repayment of which is guaranteed using a collateral agreement. For example, loans or overdrafts.

 

Use

In Collateral Management, you can collateralize receivables by assigning them to collateral agreements. You can determine the scope of collateralization for receivables by using the declaration of purpose and rules function of collateral agreement.

 

You can maintain receivable master data by creating receivables in Collateral Management or in external credit systems. You can maintain the following master data for receivable in Collateral Management:

●     Classification details that include the organizational unit to which the receivable belongs, validity dates and processing status (such as contract, offer, application or inactive). You can also specify if the receivable is a credit or debit and if it belongs to own or an external bank.

●     Details of reference receivable and if the receivable is part of a global limit.

The business for global limit is not implemented in the standard system. The customers can choose to implement this feature in their individual implementations.

●     Relevant receivable amounts such as the contract (principal amount), draw down (disbursement), risk, fees and interest amounts. The system uses the contract amount to determine coverage values for the receivable.

●     Details of receivable positions such as contract amount and currency, status, risk amounts and validity dates for the individual positions.

●     Assign business partners and documents attached to receivables in relevant partner functions and document types respectively.

 

Collateral Management considers the following attributes of receivables (in Collateral Management or from external credit systems) in the process of collateralization and for reporting purposes:

●     Receivable status (processing status as specified in the master data).

●     Maximum risk and current risk amounts

●     Own or external bank’s receivable

●     Contract amount (principal)

●     Receivable is a credit or debit for the bank

 

Structure

A receivable has a layered hierarchy with product class at the highest level. Each product class has products assigned to it. In Collateral Management, each receivable must be assigned to a product class. The product class settings determine the screens, fields, credit system and possible partner functions for receivables.

This hierarchy complies with the structure of receivables in CML. If you want to implement any other credit system, you must identify such appropriate classifications to align with the receivable structure in Collateral Management.

 

In addition to the above hierarchy, each receivable shown in Collateral Management has one header and one or more positions. The header area contains the master data and the calculated capitals. The header and positions can have the different statuses that may influence the extent of collateralization for receivables.

Receivable statuses and their use in calculations:

Each receivable has exactly one header (containing the master data and the calculated capitals) and several possible positions. You can maintain statuses for the receivable header and positions. The following conditions are applicable for statuses:

Receivable Header Status	Possible Position Status	Behaviour in Collateral Management
Contract	Change offer	Represents the maximum risk
Contract	Change application	Represents no risk and therefore will not be considered for performing calculations.
Offer	Change offer	Represents the current risk
Application	No positions possible for receivables	Is not considered for performing calculations. These receivables will however be shown on the Overview tab page.

 

Integration

Receivable interface:

The receivable details can be maintained either in Collateral Management or in any external credit systems. You can also copy receivables (using a background function) from external credit systems. To use receivables from external credit systems, you must implement the following interfaces:

●     IF_CML – Business Add-In for receivable in Collateral Management

●     IF_RBL_GETLIST – Business Add-In to retrieve receivable details

●     IF_RBL_DLG_MNT – Business Add-In to view receivable details

●     IF_RBL_DLG_F4 – Business Add-In to search for receivables

 

Collateral Management provides a default implementation with SAP Loans Management (CML). In addition to the Business Add-In implementations for the receivable, all the settings required for this integration have been defined in the Implementation Guide (IMG) Customizing for receivable by choosing Collateral Management ® Receivable ® Integration with Loans Management.

 

Collateral Agreement – Receivable Assignment

The assignment of receivables to collateral agreements is the most important integration scenario. You can assign receivables manually using the collateral scope or generate assignments automatically. The declaration of purpose of a collateral agreement determines if automatic assignments are possible. The search criteria such as organizational unit of a receivable, product set and the currency of a receivable can be used as search criteria for generating automatic assignments.