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

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

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  Order Management Basic Settings Configure Order Category .

If the Operation Relevant For Release indicator is set, you can define reasons for release that comprise the selected operations as release attributes and result in orders for cancellation being placed in the release process. To do this, choose  Order Management Account Order Cancellation Release Assign Release Object to Release Procedure in Customizing.