What is CCF class in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: CCF class

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Classification for the credit conversion factor.

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• Key Concepts: 
  CCF class is a component of the Credit Risk Management (CRM) module in SAP Financial Services (FS-BA-PM-CR). It is used to classify credit exposures into different categories, such as customer type, industry sector, and country of origin. This classification helps to identify and manage potential credit risks. 
  
  How to use it: 
  The CCF class is used to assign a credit risk rating to each customer or exposure. This rating is based on the customer’s creditworthiness and the risk associated with the exposure. The rating is then used to determine the appropriate credit limit for the customer or exposure. 
  
  Tips & Tricks: 
  When assigning a CCF class, it is important to consider the customer’s creditworthiness and the risk associated with the exposure. It is also important to ensure that the CCF class is updated regularly to reflect any changes in the customer’s creditworthiness or risk profile. 
  
  Related Information: 
  The CCF class is part of the Credit Risk Management module in SAP Financial Services (FS-BA-PM-CR). It can be used in conjunction with other components of the module, such as Credit Risk Analysis and Credit Risk Monitoring, to help identify and manage potential credit risks.