What is security proceeds account in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: security proceeds account

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Credit account available to the bank once the bank has accepted or valued collateral.

Smart SAP Assistant

• Key Concepts: 
  A security proceeds account is a type of account used in the Credit Risk Management component of SAP Financial Services (FS-BA-PM-CR). It is used to track the proceeds from the sale of securities, such as bonds or stocks, that have been pledged as collateral for a loan. The proceeds are then used to pay off the loan. 
  
  How to use it: 
  The security proceeds account is used to track the proceeds from the sale of securities that have been pledged as collateral for a loan. The proceeds are then used to pay off the loan. The account can be set up in SAP Financial Services (FS-BA-PM-CR) and can be accessed through the Credit Risk Management component. 
  
  Tips & Tricks: 
  It is important to ensure that the security proceeds account is properly set up and maintained in order to accurately track the proceeds from the sale of securities. Additionally, it is important to ensure that all transactions related to the security proceeds account are properly recorded and tracked. 
  
  Related Information: 
  For more information on setting up and using a security proceeds account in SAP Financial Services (FS-BA-PM-CR), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on setting up and using a security proceeds account in SAP Financial Services (FS-BA-PM-CR).