What is key date in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: key date

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: The business date on which the position is analyzed, which is usually month end.

Smart SAP Assistant

• Key Concepts: 
  A key date is a date that is used to determine the status of a credit risk management process in SAP. It is used to determine when a process should be started, when it should be completed, and when it should be reviewed. The key date is set by the user and can be changed at any time. 
  
  How to use it: 
  In the FS-BA-PM-CR Credit Risk Management component of SAP, key dates are used to control the flow of credit risk management processes. The user can set a key date for each process, which will determine when the process should start, when it should be completed, and when it should be reviewed. The user can also change the key date at any time. 
  
  Tips & Tricks: 
  When setting key dates in SAP, it is important to consider the timeline of the process and ensure that the key date is set far enough in advance to allow for any delays or unexpected issues that may arise. Additionally, it is important to review the key dates regularly to ensure that they are still relevant and up-to-date. 
  
  Related Information: 
  For more information on setting and managing key dates in SAP, please refer to the SAP Help documentation on Credit Risk Management (FS-BA-PM-CR).