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Function documentationLoans: Usage Category

 

You use the Usage Category set types (CRM_PROD_FS004) to define the possible uses for a loan.

Prerequisites

You have defined the possible Customizing settings for the usage category.

For more information, see the Implementation Guide (IMG) for Financial Services under Start of the navigation path Account Origination Next navigation step Financial Service Product (FS Product) Next navigation step Define Usage Categories End of the navigation path.

Features

  • When you maintain a financial service product (FS product) you can select several usage categories that are to be possible for the loan product.

  • When you use the FS product in a business transaction, you can select one of the usage categories stored in the product master.