What is general business methods in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: general business methods

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: An umbrella term for the following subcomponents: Account pooling Facility distribution Determination of the free line Collateral distribution

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• Key Concepts: 
  General business methods are a set of processes and procedures used to manage and control the operations of a business. In the context of SAP, general business methods are used to manage and control the Credit Risk Management (CRM) component of the Financial Services Business Application Platform (FS-BA-PM). 
  
  How to use it: 
  The general business methods used in the CRM component of FS-BA-PM are designed to help businesses identify, assess, monitor, and manage credit risk. These methods include credit scoring, credit limit setting, credit monitoring, and credit portfolio management. 
  
  Tips & Tricks: 
  When using general business methods for CRM, it is important to ensure that all processes and procedures are properly documented and updated regularly. This will help ensure that the business is able to accurately assess and manage its credit risk. 
  
  Related Information: 
  For more information on general business methods for Credit Risk Management, please refer to the SAP Help Portal or contact your local SAP representative.