What is class in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: class

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: The classification of individual securities, futures or options traded on the capital market. The class master data contains the characteristics that apply to all transactions in this class. &EXAMPLE& Interest structure of a bond, or dividend payments of a stock Issue data, such as the issuer or the issue price Stock form, such as old stock or new stock Stock type, such as common stock or preferred stock Quotations, such as percentage-quoted or unit-quoted quotations Underlying, margin type or tick values that do not change in transactions with this class.

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• Key Concepts: 
  Class is a term used in the Transaction Manager component of SAP Financial Supply Chain Management (FSCM). A class is a grouping of transactions that have similar characteristics, such as the same type of document or the same type of transaction. Classes are used to organize and manage transactions within the system. 
  
  How to use it: 
  Classes can be used to assign specific rules and settings to a group of transactions. For example, a class can be used to assign a specific payment method or currency to all transactions within the class. Classes can also be used to assign specific authorization levels or access rights to users who need to work with the transactions in the class. 
  
  Tips & Tricks: 
  When creating classes, it is important to consider how the transactions in the class will be used and what rules and settings need to be applied. This will help ensure that the class is set up correctly and that all transactions within the class are handled properly. 
  
  Related Information: 
  For more information on classes in SAP FSCM Transaction Manager, please refer to the SAP Help documentation.