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Background documentationOrder Status of Rescission

 

You can process the rescission of a loan using its methods. For more information, see the Methods section of the documentation for Rescission.

After processing, the order status of the rescission can change. The following combinations of order status, release status, and operation to be released describe the possible statuses of an order for a rescission during processing.

Order status

Release status

Operation to be released

Entered

Not In Release

-

Entered

In Release

Activate

Deleted

Not In Release

-

Activated

Not In Release

-

Activated

In Release

Deactivate

Deactivated

Not In Release

-

Executed

Not In Release

-

You identify which operation you can select as a release attribute based on the Operation Relevant For Release indicator, which you have set in Customizing for Account Management (FS-AM) under Start of the navigation path Order Management Next navigation step Basic Settings Next navigation step Configure Order Category End of the navigation path.

If you have set the Operation Relevant For Release indicator, you can define reasons for release that comprise the selected operations as release attributes and result in the placement of orders for rescission in the release process. To do this, choose Start of the navigation path Order Management Next navigation step Account Order Next navigation step Rescission Next navigation step Release Next navigation step Assign Release Object to Release Procedure End of the navigation path in Customizing.