Transaction Authorization 

Use

In the Treasury Management area, a business partner must be authorized for a product type/transaction type before transactions with this partner can be entered in the system.

You can assign transaction authorizations for business partners at the following hierarchy levels:

Prerequisite

The business partner must not be flagged for deletion.

Features

You can assign transaction authorizations at any of the above-mentioned levels. If you assign an authorization at a higher level, the authorization automatically includes the levels below. If, for example, a business partner is authorized for the contract type money market, this means you can conclude transactions with this partner in each product category, product type, and transaction type for the contract type money market.

Activities

1. Choose Master Data ® Business Partner ® Change and click the Standing instructions pushbutton, or Master Data ® Business Partner ® Standing instructions ® Transaction authorization.

If you only want to display the standing instructions, choose Master Data ® Business Partner ® Display and click the Standing instructions pushbutton, or Master Data ® Business Partner ® Standing instructions ® Transaction authorization.

2. Enter the business partner and the company code.

3. The Change/Display Business Partner: Standing Instructions screen appears.

4. Choose the Authorizations tab page.

  1. In the change mode, you can edit the business partner authorizations.
  1. The general rule of authorizations is that when you assign authorizations at a high level, all the levels below this automatically receive authorization too.

You can assign authorizations at the following levels:
    1. Contract type (2 Security, 4 Foreign exchange, 5 Money market, 6 Derivatives)
    2. Product category
    3. Product type

The choice of product types available depends on the settings you made in Customizing.
    1. Transaction type

The choice of product types available depends on the settings you made in Customizing.

You have several options of assigning authorizations:
    1. You select the contract types/product categories/product types/transaction types from the list.

      2. If you have selected a node high-level node, you cannot deselect the nodes below that are selected automatically.

    2. Use the pushbutton to make your selections that the input help offers. The crosses are marked in the list according to the selections you make.
    3. Use the (Import from other partner) pushbutton, to copy the standing instructions of another business partner.
    4. Use the (Select all) pushbutton to authorize the business partner for all contract types.
    5. Use the (Deselect all) pushbutton to reset all your selections.
  1. Save your entries.