Show TOC

Procedure documentationEditing Contract Relationships for Balance Transfer

 

On the Contract Relationships tab page, you can map the structure of a master contract for the Balance Transfer process by assigning participating accounts below the main master contract . Participant accounts can be checking, savings, and loan accounts.

Note Note

You can add exactly one funded account and any number of funding accounts to a master contract with the Balance Transfer feature.

End of the note.

Prerequisites

You have created the accounts that you want to assign to the main master contract in the account-managing system.

Note the general prerequisites for master contracts under Editing Contract Relationships and the restrictions for time-dependent editing of contract relationships.

For more information, see the documentation for the contract elements Balance Transfer: Participants (REOF) and Calculation Base Adjustment (BCRD).

Procedure

Note Note

For general information about your navigation options when you are editing participating contracts, see Editing Participants.

End of the note.
Add Participants

You have chosen Add Participants (Add Participants) and are in the dialog box for selecting the participant type and activating applications.

Assign Funding Account

  1. In the Participant Type group box, choose the contract category Account.

  2. You can choose an identification key if required.

    Note Note

    If you do not choose an identification key, identify the participating account in the next step by entering the external account identification. This depends on the settings in Customizing for Account Management (FS-AM) under Define External Account Identification and the settings in the corresponding account product. Enter the required data in the Bank Key, Bank Country, and Account Number or IBAN and/or Account Differentiation Characteristic, and Account Currency fields.

    If you choose an identification key, identify the participating account in the next step by entering a character string of up to 80 characters in the Identification field. The composition of this character string depends on the identification key you choose. You can display the identification key and the identification of an account managed in Account Management on the Basic Data tab page.

    End of the note.

  3. Select Current Account (checking account) as account category.

  4. Activate the Balance Transfer application.

  5. Choose Continue.

    The system displays the Create Master Contract: Participant Contract dialog box.

  6. If you did not choose an identification key in the second step, specify the external account identification on the Participating Account tab page.

    If you have selected an identification key, specify the identification of the account in the account-managing system in the Participating Contract group box.

    Example Example

    When you made the addition, you selected the following identification key: SAP 02: Country Key + Bank Key + Account Number

    In the Identification field, enter the following identification: 0001000210 900000010 DE.

    End of the example.

  7. To define the funding property of the account, in the Relationship Attributes: Balance Transfer group box, choose the entry Funding Account as the role for balance transfer.

  8. If you wish, you can enter a threshold amount and its currency.

    The report Execute Balance Transfer only transfers the balance if it is equal to or more than the threshold amount.

    Note Note

    Using the Determine Threshold Amount (Determine Threshold Amount) pushbutton, you can copy the default value from the product.

    End of the note.

  9. If you wish, you can enter the ranking of a funding account.

    Note Note

    Within a 1:n relationship, no funding account may have the same ranking as another funding account. In addition, the ranking of every funding account must be greater than 0.

    The ranking in the funding account may only be empty (0) in 1:1 relationships.

    If a funding account participates with other funding accounts in multiple balance transfer relationships (n:m relationship), it is allowed to have the same ranking in multiple relationships, provided this is greater than 0.

    End of the note.

    For more information, see the field documentation.

  10. Choose Continue.

  11. The system adds the funding account as participant and automatically sets the data of the contract element Calculation Base Adjustment (BCRD):

    • Reduction category

    • External ID of the master contract:

    • Percentage rate of calculation base adjustment

    • Process ID

    You can view this data on the funding account on the Calculation Base Adjustment tab page. For more information, see Displaying Calculation Base Adjustments.

Assign Funded Account

  1. In the Participant Type group box, choose the contract category Account.

  2. You can choose an identification key if required. Note the information and the example in the Assign Funding Account section.

  3. Select Loan as account category.

  4. Activate the Balance Transfer application.

  5. Choose Continue.

    The system displays the Create Master Contract: Participant Contract dialog box.

  6. If you did not choose an identification key in the second step, specify the external account identification on the Participating Account tab page.

    If you have selected an identification key, specify the identification of the account in the account-managing system in the Participating Contract group box.

  7. To define the funded property of the account, in the Relationship Attributes: Balance Transfer group box, choose the entry Funded Account as the role for balance transfer.

  8. If you wish, you can enter a maximum percentage rate between 0 and 100 percent. The system uses this value to calculate the proportionate maximum amount for the balance transfer from the balance determination basis.

    Note Note

    Using the Determine Maximum Percentage Rate (Determine Maximum Percentage Rate) pushbutton, you can copy the default value from the product.

    End of the note.

  9. If you wish, you can enter the key of a balance determination basis. The balance determination basis is linked to a calculation base in the Financial Conditions (FS-MCM-CD) component via the assignment in Customizing.

    For more information, see the field documentation.

  10. Choose Continue.

    The system adds the funded account as participant.

More Information

For more information about balance transfers, see Balance Transfer (FS-MCM-BT).