What is attribute derivation in SAP FS-AM-PR-PR - Financial Condition?

SAP Term: attribute derivation

• Component: FS-AM-PR-PR

• Component Name: Financial Condition

• Description: The determination of characteristic values of attributes from existing characteristic values of attributes on the basis of freely definable rules. Attribute derivation enables attributes with no values entered to be supplied with values automatically.

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• Key Concepts: 
  Attribute derivation is a feature of the Financial Condition Analysis (FCA) component of SAP FS-AM-PR-PR. It allows users to define and calculate attributes for financial objects, such as accounts, customers, and vendors. Attributes are used to store additional information about the object, such as its credit rating or risk level. 
  
  How to use it: 
  Attribute derivation is used to define and calculate attributes for financial objects. To do this, users must first create an attribute derivation rule in the FCA component. This rule defines the conditions under which an attribute should be calculated. Once the rule is created, users can then assign the attribute to the desired object. 
  
  Tips & Tricks: 
  When creating an attribute derivation rule, it is important to consider how the attribute will be used. This will help ensure that the rule is set up correctly and that the attribute is calculated accurately. Additionally, users should be aware that attributes can be changed or deleted at any time. 
  
  Related Information: 
  For more information on attribute derivation in SAP FS-AM-PR-PR, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.