What is gold bullion held in own vaults or on an allocated basis in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: gold bullion held in own vaults or on an allocated basis

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Gold that is held in the bank's own vaults, or on an allocated basis provided that it is covered by suitable bullion liabilities.

Smart SAP Assistant

• Key Concepts: 
  Gold bullion held in own vaults or on an allocated basis is a term used in the SAP Credit Risk Management (FS-BA-PM-CR) component. This term refers to the practice of storing gold bullion in a secure vault or other storage facility, either owned by the company or leased from another party. The gold bullion is held either on an allocated basis, meaning that the company owns the gold and can access it at any time, or on an unallocated basis, meaning that the company does not own the gold but has a claim on it. 
  
  How to use it: 
  The SAP Credit Risk Management component allows companies to manage their gold bullion holdings in a secure and efficient manner. Companies can use this component to track their gold bullion holdings, set up alerts for when their holdings reach certain thresholds, and manage their risk exposure. The component also allows companies to set up automated processes for buying and selling gold bullion, as well as for transferring gold bullion between vaults or storage facilities. 
  
  Tips & Tricks: 
  When setting up automated processes for buying and selling gold bullion, it is important to ensure that all transactions are properly documented and tracked. Additionally, companies should ensure that they have adequate security measures in place to protect their gold bullion holdings from theft or other unauthorized access. 
  
  Related Information: 
  For more information about managing gold bullion holdings with SAP Credit Risk Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/FS-BA-PM-CR/latest/en-US.