What is total credit line in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: total credit line

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: The total limit amount that the borrower obtains from the lender.

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• Key Concepts: 
  Total credit line is a feature of SAP Transaction Manager (TM) that allows customers to set a maximum amount of credit that can be extended to a customer. This helps to ensure that customers do not exceed their credit limit and helps to manage risk. 
  
  How to use it: 
  In order to use the total credit line feature, customers must first set up a credit limit for each customer in the system. This can be done by entering the customer’s credit limit in the “Credit Limit” field in the customer master data. Once this is done, the total credit line will be calculated automatically based on the customer’s current outstanding balance and the credit limit set for them. 
  
  Tips & Tricks: 
  It is important to keep an eye on the total credit line for each customer as it can change over time due to changes in their outstanding balance. It is also important to ensure that customers do not exceed their credit limit as this can lead to financial losses. 
  
  Related Information: 
  For more information on how to use the total credit line feature in SAP Transaction Manager, please refer to the official SAP documentation.