What is 'one-time credit' in SAP FS-CML - Loans Management?

one-time credit - Overview

• Component: FS-CML

• Component Name: Loans Management

• Description: Credit which allows the authorized credit sum to be used only once and afterwards must be repaid and not used again.

one-time credit - Details

• 
  Key Concepts: 
  One-time credit is a feature of the FS-CML Loans Management component of SAP. It allows users to make a single loan payment that is applied to multiple loans. This feature is useful for customers who have multiple loans with the same lender and want to make a single payment to cover all of them. 
  
  How to use it: 
  To use the one-time credit feature, users must first select the loans they want to apply the payment to. Once selected, they can enter the amount of the payment and submit it. The payment will then be applied to all of the selected loans. 
  
  Tips & Tricks: 
  When using one-time credit, it is important to double-check that all of the loans you want to apply the payment to are selected. Additionally, make sure that the amount entered is correct and that it covers all of the loans you have selected. 
  
  Related Information: 
  For more information on one-time credit, please refer to SAP's official documentation on FS-CML Loans Management. Additionally, you can contact your SAP representative for more information or assistance with using this feature.