What is collective view in SAP FS-CD - Collections/Disbursements?

SAP Term: collective view

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Setting in the contract account master data, which enables cross- insurance object payment of open items for the corresponding account.

Smart SAP Assistant

• Key Concepts: 
   Collective view is a feature of the Financial Services Collections and Disbursements (FS-CD) component of SAP. It allows users to view and manage multiple accounts in one place. This feature is especially useful for companies that have multiple accounts with different banks or financial institutions. 
  
  How to use it: 
  To use the collective view feature, users must first set up the accounts they wish to view in the FS-CD component. Once the accounts are set up, users can then access the collective view by selecting the “Collective View” option from the main menu. From here, users can view all of their accounts in one place and manage them accordingly. 
  
  Tips & Tricks: 
  When setting up accounts in the FS-CD component, it is important to ensure that all of the necessary information is entered correctly. This will ensure that the collective view feature works properly and that all of the accounts are displayed correctly. Additionally, it is important to keep all of the account information up-to-date in order to ensure that any changes are reflected in the collective view. 
  
  Related Information: 
  The collective view feature is just one of many features available in the FS-CD component of SAP. Other features include payment processing, account reconciliation, and reporting capabilities. Additionally, there are various tutorials and guides available online that provide more detailed information about how to use this component.