Linking FS Products and Product Categories 

Use

You can link financial service products (FS products) with product categories in order to map a business dependency between products. For each of theses FS relationships, you define the purpose, which specifies in more detail the type of relationship involved. You thus define that an FS  product in the business transaction needs a product of a specific category for a defined purpose.

The advantage of linking FS products with categories rather than linking them to other FS products is that you can design your product landscape more flexibly.

Prerequisites

In Customizing, you have defined the possible purposes of FS relationships.

For more information, see the Implementation Guide (IMG) for Financial Services ® Basic Functions ® Cross-Item Functions ® Item Relationship ®  Define Purpose of FS Relationship.

Features

●     You can only create FS relationships for products of product type 07 FS Product.

●     You can link one FS product with several categories for different purposes.

●     In a business transaction, when you use an FS product that you linked with a product category for a specific purpose, the system maps the FS relationships as item relationships in the document.

For more, see Copying Products to Financial Service Quotations.

Activities

●     To create an FS relationship for a product, choose the Relationships tab and then FS Relationship.

●     Select the required product category and define the purpose of the FS relationship.

If you want to display the product categories for which an FS relationship exists for an FS production, choose the Relationships tab page and then In FS Relationship.

Example

For example, the following links are possible:

●     You link the Collateral Agreement FS product to the Mortgage Loan product category. You define Collateral Scope as the purpose. This means that a collateral agreement needs a product of the category Mortgage Loan as the collateral scope.

●     You link the Collateral Agreement FS product to the Real Estate product category. You define Collateral Charge as the purpose. This means that a collateral agreement needs a product of the category Real Estate as the collateral charge.

See also:

Mapping a Collateral Constellation