What is asset category in SAP FS-CMS - Collateral Management System?

SAP Term: asset category

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: An identification attribute that is assigned by the system and can be interpreted by the program in Collateral Management. &EXAMPLE& Life insurance Credit balance

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• Key Concepts: 
  Asset category is a term used in the FS-CMS Collateral Management System (CMS) of SAP. It is a classification of assets that are used to group similar assets together for easier management. Asset categories can be used to categorize assets based on their type, such as real estate, vehicles, or machinery. 
  
  How to use it: 
  In the FS-CMS, asset categories are used to group assets together for easier management. This allows users to quickly identify and manage assets that are similar in nature. Asset categories can also be used to assign different levels of access to different users, allowing them to view and manage only the assets they need. 
  
  Tips & Tricks: 
  When creating asset categories, it is important to consider how they will be used and who will have access to them. This will help ensure that the asset categories are organized in a way that makes sense and that users have the appropriate level of access. 
  
  Related Information: 
  For more information on asset categories in the FS-CMS, please refer to the SAP Help Portal or contact your local SAP representative.