Transaction Authorization 

Use

In the Transaction Manager 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 allocate transaction authorizations for business partners at the following hierarchy levels:

·        Contract type

·        Product category

·        Product type

·        Transaction types.

Prerequisites

The business partner must not be marked for archiving.

Features

You can assign transaction authorizations at any of the above-mentioned levels. Any authorizations you assign at a higher level automatically include the levels below. If a business partner is authorized for the contract type ‘Money Market’, for example, then transactions may be concluded with the partner in each product category, product type and transaction type allocated to this contract type.

Activities

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Choose Corporate Finance Management -> Business Partner – Special Functions -> Standing Instructions -> Transaction Authorizations.

You will also find transaction authorization on the Authorizations tab page in business partner processing mode.

Enter the Company Code for your business partner.

Choose the Authorizations tab page.

You can now edit the business partner authorizations in change mode.

When you assign authorizations at a higher level, these authorizations automatically apply to all the levels that appear below.

You can assign authorizations at the following levels:

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Contract type (2 security, 4 foreign exchange, 5 money market, 6 derivative)

Product category

Product type

The availability of transaction types depends upon their Customizing settings.

Transaction type

The availability of transaction types depends upon their Customizing settings.

You can assign authorizations in several ways:

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Select the contract types / product categories / product types / transaction types.

If you have selected a superior node, you cannot deselect the nodes that are automatically selected below it.

Make selections using the  key, which also provides you with an input help. The indicators in the list are set according to your selections.

Use the (Import from other Partner) key to copy the standing instructions from another business partner.

Use the  (Select All) key to authorize the business partner for all contract types.

Use the  key (deselect all) to reverse all your selections.

Save your entries.