What is available amount in SAP FS-CML - Loans Management?

SAP Term: available amount

• Component: FS-CML

• Component Name: Loans Management

• Description: The unutilized amount of the facility or subfacility reserved by the bank for a particular customer. &EXAMPLE& Facility: US$ 3 million with a 2% rate of commitment interest Subfacility A: US$ 2 million for the product group of short-term mortgages Subfacility B: US$ 2.5 million for the product group of long-term consumer loans Drawdown: US$ 1 million taken under Subfacility A Available Amount at facility level: US$ 2 million Available Amount at Subfacility A: US$ 1 million

Smart SAP Assistant

• Key Concepts: 
  Available amount is a term used in the FS-CML Loans Management component of SAP. It refers to the total amount of money that is available to be loaned out to customers. This amount is determined by the total amount of money that has been deposited into the loan account, minus any fees or other charges associated with the loan. 
  
  How to use it: 
  The available amount can be used to determine how much money can be loaned out to customers. It is important to keep track of the available amount in order to ensure that customers are not over-borrowing and that the loan account does not become overdrawn. The available amount can also be used to determine how much money can be loaned out at any given time. 
  
  Tips & Tricks: 
  It is important to keep track of the available amount in order to ensure that customers are not over-borrowing and that the loan account does not become overdrawn. It is also important to monitor the available amount on a regular basis in order to ensure that it remains within acceptable limits. 
  
  Related Information: 
  The available amount is closely related to other terms such as loan balance, interest rate, and repayment schedule. It is important to understand how these terms interact with each other in order to effectively manage a loan account. Additionally, it is important to understand how changes in these terms can affect the available amount.