What is financing requirement in SAP FIN-FSCM-CR - Credit Management?

SAP Term: financing requirement

• Component: FIN-FSCM-CR

• Component Name: Credit Management

• Description: In Loan Application Management, this refers to the difference between total costs of building, buying or converting real estateand the loan applicant's own capital to be invested in the project. The financing requirement generally corresponds to the loan amount applied for, which can itself comprise several loan modules.

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• Key Concepts: 
  Financing requirement is a term used in SAP Credit Management to refer to the amount of money that a customer needs to finance their purchase. It is calculated based on the customer's credit limit, payment terms, and other factors. The financing requirement is used to determine whether or not the customer can be approved for a loan or other form of financing.
  
  How to use it: 
  In SAP Credit Management, the financing requirement is calculated by taking into account the customer's credit limit, payment terms, and other factors. The system then determines whether or not the customer can be approved for a loan or other form of financing. If the customer is approved, the system will generate a financing request that can be sent to the lender for approval.
  
  Tips & Tricks: 
  When calculating the financing requirement, it is important to consider all relevant factors such as the customer's credit limit, payment terms, and other factors. This will ensure that the system generates an accurate financing request that can be sent to the lender for approval.
  
  Related Information: 
  SAP Credit Management also includes features such as credit scoring, risk assessment, and fraud detection. These features help ensure that customers are only approved for loans or other forms of financing if they meet certain criteria. Additionally, SAP Credit Management also provides tools for managing customer accounts and tracking payments.