Automatic Financial Object Integration (SAP Library

Automatic Financial Object Integration

Use

With this function, you can choose to enter manually the financial object data immediately when entering the master data, or let the system derive the financial object data. The function can be used when entering data for the following transactions: The following rules apply:

Group 1

BCA accounts
Variable transactions
Risk objects

You can generate the relevant parts of the financial object (analysis parameters, profitability analysis, default risk and limit, external key figures) as tab pages. You can fill these in when you create transactions.

Group 2

Money market/forex/derivatives
Loan
Securities account class position
Futures account class position

For each company code the system creates the tab pages ‘analysis parameters’ and ‘default risk and limit’ (This does not happen in the case of futures account class position). It is also possible to create the tab page ‘profitability analysis.’

Prerequisites

Group 1:

To use the automatic financial object function, go to the IMG for each of your implemented SEM components and set the FO integration active indicator for your individual business areas (BCA accounts, risk objects, variable transactions) using the Automatic Financial Object Integration step. The system generates the relevant parts of the financial object (analysis parameters, profitability analysis, default risk and limit, external key figures) as tab pages for the activated components. If at least one component is active, the system also automatically activates the general part of the financial object and the tab page for the external key figure. You have the possibility of restricting BCA accounts using the bank area and product.

Group 2:

To use the automatic financial object integration function, you must set the FO integration active indicator for the single transactions for each company code. You can do this in the IMG for Risk Analysis under Automatic Financial Object Integration.

Groups 1 and 2:

If you want the financial object information to be derived rather than maintained manually when the transaction is entered, you have to define derivation strategies These derivation strategies describe which information is to be derived from the transaction master data. In the case of the Default Risk and Limitation component, you fix the derivations in the IMG by choosing Basic Settings ® Allocations.

Features

The effect of activating automatic financial object integration for a component is that when you come to maintain the transaction data, the system provides online entry screens for entering the financial object data or derives the data using the corresponding derivation steps from Customizing.

Caution

The following special features apply to the transaction forms ‘option spread’ and ‘currency option.’ You must generate 2 financial objects for these transactions. There is therefore no interface for these transactions and no check is carried out before saving.

When you save the transaction, the system checks the information in the various parts of the financial object. If one of the financial object parts contains errors, the system will react in one of the following ways, depending on the Customizing setting:

It prevents you from saving the master data, that is, neither the transaction itself nor the financial object with the components activated for automatic FO integration are saved on the database. This is labeled as fully active.
It allows you to save the master data without the financial object part that contains errors. If all the components activated for automatic FO integration contain faulty data, the general part of the financial object is not saved on the database either. This is labeled as partially active.

The following table shows the system’s responses based on the transaction category risk object:

Case 1: Automatic FO integration is only active for component X

Customizing			Written to Database?
Automatic FO integration active	System reaction when there are errors	Data composition	Risk objects	General part of FO	Part for component X in FO
Component X	No save possible	X-data correct	yes	yes	yes
Component X	Saving possible without the data of the part for component X	X-data correct	yes	yes	yes
Component X	No save possible	X-data contains errors	no	no	no
Component X	Saving possible without the data of the part for component X	X-data contains errors	yes	no	no

Case 2: Automatic FO integration is active for component Y as well.

Customizing				Written to Database?
Automatic FO integration active	System reaction when there are errors	Data composition	Risk objects		General part of FO	Part for component X in FO	Part for component Y in FO
Component X	No save possible	Y-data contains errors	no		no	no	no
Component X	Saving possible without the data of the part for component Y	Y-data contains errors	yes		yes	yes	no
Component X	No save possible	X-data contains errors	no		no	no	no
Component X	Saving possible without the data of the part for component X	X-data contains errors	yes		yes	no	yes

Effects

If financial object integration is active for a transaction category, this results in changes in the way in which the system carries out characteristic derivation. See define characteristic derivation