What is 'limit product group' in SAP FIN-FSCM-TRM-TM - Transaction Manager?

limit product group - Overview

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: A limit characteristic that groups product types for limit management. The product types may also be subdivided into transaction types. &EXAMPLE& If you define a limit type that contains the limit characteristics "Trader", "Business partner" and "limit product group for the transaction type "fixed-term deposit investment"", this means that a particular trader may conclude fixed-term deposit transactions with a particular business partner up to a specified total volume.

limit product group - Details

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  Key Concepts: 
  Limit product group is a feature of SAP Transaction Manager (TM) that allows users to define a set of products that can be used in a transaction. This feature helps to ensure that only the products that are necessary for the transaction are used, and that no unnecessary products are included. The limit product group also helps to ensure that the transaction is completed in a timely manner, as it limits the number of products that need to be processed.
  
  How to use it: 
  To use the limit product group feature, users must first define the set of products that can be used in the transaction. This can be done by selecting the products from a list of available products, or by manually entering the product codes. Once the set of products has been defined, users can then select the limit product group option when creating a new transaction. This will ensure that only the products in the defined set are used in the transaction.
  
  Tips & Tricks: 
  When defining a limit product group, it is important to ensure that all necessary products are included in the set. If any necessary products are not included, then the transaction may not be completed correctly. Additionally, it is important to keep track of which limit product groups have been created, as this will help to ensure that