What is disbursement obligation in SAP FS-CML - Loans Management?

SAP Term: disbursement obligation

• Component: FS-CML

• Component Name: Loans Management

• Description: The difference between the current contract capital and the value dated capital.

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• Key Concepts: 
  Disbursement obligation is a term used in the SAP FS-CML Loans Management component. It refers to the contractual agreement between a lender and a borrower that requires the lender to provide a certain amount of money to the borrower at a specified time. The disbursement obligation is typically part of a loan agreement and is legally binding. 
  
  How to use it: 
  In SAP FS-CML Loans Management, disbursement obligations are used to track the amount of money that needs to be disbursed to the borrower. This information is used to ensure that the lender is meeting its contractual obligations and that the borrower is receiving the funds they are entitled to. The disbursement obligation can also be used to track any changes in the loan agreement, such as changes in interest rates or repayment terms. 
  
  Tips & Tricks: 
  When creating a disbursement obligation in SAP FS-CML Loans Management, it is important to ensure that all of the information is accurate and up-to-date. This includes the amount of money being disbursed, the date of disbursement, and any other relevant details. Additionally, it is important to keep track of any changes in the loan agreement so that the disbursement obligation can be updated accordingly. 
  
  Related Information: 
  The SAP FS-CML Loans Management component also includes other features such as loan origination, loan servicing, and loan repayment. Additionally, there are other components within SAP such as Financial Accounting (FI) and Controlling (CO) that can be used in conjunction with FS-CML Loans Management for more comprehensive financial management.