What is partial use in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: partial use

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Indicator that controls whether the approach stored in the transaction is to be used for calculation purposes, or whether a centrally defined approach is to be used instead.

Smart SAP Assistant

• Key Concepts: 
  Partial use is a feature of the Credit Risk Management component of SAP FS-BA-PM. It allows users to limit the amount of credit that can be extended to a customer, based on their creditworthiness. This helps to reduce the risk of default and ensure that customers are not overextended. 
  
  How to use it: 
  To use partial use, users must first set up a credit limit for each customer. This can be done manually or automatically, depending on the customer's creditworthiness. Once the credit limit is set, users can then limit the amount of credit that can be extended to each customer. This can be done by setting a maximum amount of credit that can be extended at any given time, or by setting a maximum amount of credit that can be extended over a certain period of time. 
  
  Tips & Tricks: 
  When setting up a credit limit for each customer, it is important to consider their individual circumstances and financial situation. This will help ensure that customers are not overextended and that their credit limits are appropriate for their needs. Additionally, it is important to regularly review and adjust the credit limits as needed in order to ensure that customers are not overextended. 
  
  Related Information: 
  The Credit Risk Management component of SAP FS-BA-PM also includes features such as credit scoring, risk assessment, and monitoring of customer accounts. These features help users to better manage their customers' credit risk and ensure that they are not overextended. Additionally, SAP provides resources such as tutorials and documentation to help users understand how to use the Credit Risk Management component effectively.