Creating Facilities 

Prerequisites

See Facilities and Processing Facilities.

1. Choose Create.
2. Enter the Company code and the Product type, (for example, confirmed or unconfirmed facility).
3. In the following fields, define the transaction type (assign facility or granted facility) and the partner.
4. You can make the following entries in the Specifications section:

1. If you work with external number assignment, you have to enter a key for the transaction in the corresponding field, which enables it to be uniquely identified within a company code. Otherwise, the system assigns a number automatically and displays this number when you save the transaction.
2. Choose Enter to go to the basic data screen for the transaction. You enter the actual transaction data on the Structure tab page.

In the Term area, you enter the start and end dates of the term in which the rights and/or obligations of the credit transaction exist.

Specify whether the start and end of term dates are to be included in the calculations.

3. Enter any charges on the Charges tab page. See the documentation on this area. See also Condition Details.
4. You can find an overview of the transactions assigned to the facility on the Profiles tab.
5. On the Rules tab, you determine the criteria for the Money Market transactions that can be assigned to the facility as drawings.
6. You assign the relevant Money Market transactions on the Administration tab in the appropriate field as you enter or change the facility. The system checks if the drawing object fulfills the conditions defined in the facility. The system updates the time-dependent utilization volume of the facility and also checks if utilization limits have been exceeded. The transactions are then assigned to the facility.
7. To save the transaction, choose Save.
8. You can also navigate to the tab pages for general transaction management.



For more information, see Tab Pages.

9. To use additional functions, choose Extras and Environment from the menu.

Comments:

10. You can only assign drawings to a facility after the transaction has been settled.
11. If the transaction currency of the assigned financial transaction is different to that of the facility, then the utilization of the credit line must be converted. The translation rate depends on the currency rates in the 'Currencies: Translation Ratios' table. A prerequisite here is that an entry with rate category M exists. For more information, see the following section in the Implementation Guide: General Settings ® Currencies ® Define Translation Ratios for Currency Translation.