What is 'unscheduled reclassification' in SAP FIN-FSCM-CMM - Financial Risk Management for Commodities?

unscheduled reclassification - Overview

• Component: FIN-FSCM-CMM

• Component Name: Financial Risk Management for Commodities

• Description: The reposting of a transaction value from one type of account to another due to an unforeseen event.

unscheduled reclassification - Details

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  Key Concepts: 
  Unscheduled reclassification is a feature of the Financial Risk Management for Commodities component of SAP. It allows users to reclassify financial instruments that are not part of a scheduled reclassification process. This feature is useful for managing financial risks associated with commodities trading. 
  
  How to use it: 
  To use unscheduled reclassification, users must first create a reclassification rule in the system. This rule defines the criteria for when a financial instrument should be reclassified. Once the rule is created, users can then manually trigger the reclassification process for any instrument that meets the criteria. 
  
  Tips & Tricks: 
  When creating a reclassification rule, it is important to consider the potential risks associated with each instrument. This will help ensure that only instruments that pose a significant risk are reclassified. Additionally, it is important to regularly review and update the rule to ensure that it remains up-to-date with changing market conditions. 
  
  Related Information: 
  For more information on unscheduled reclassification, please refer to the SAP Help Portal or contact your local SAP representative.