What is 'collateral agreement category' in SAP FS-CMS - Collateral Management System?

collateral agreement category - Overview

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: An identification attribute assigned by the system that can be recognized by the program in Collateral Management. &EXAMPLE& Encumbrance Pledge

collateral agreement category - Details

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  Key Concepts: 
  A collateral agreement category is a type of agreement that is used in the FS-CMS Collateral Management System (CMS) to define the terms and conditions of a collateral agreement. It is used to define the type of collateral, the amount of collateral, and the terms of the agreement. The categories are used to ensure that all agreements are consistent and that all parties involved understand the terms of the agreement. 
  
  How to use it: 
  In order to use a collateral agreement category, users must first create a new category in the CMS. This can be done by selecting “Create New Category” from the CMS menu. Once a category has been created, users can then add agreements to it. This can be done by selecting “Add Agreement” from the CMS menu. Once an agreement has been added, users can then view and edit the details of the agreement. 
  
  Tips & Tricks: 
  When creating a new category, it is important to ensure that all of the details are accurate and up-to-date. This will help ensure that all parties involved understand the terms of the agreement and that all agreements are consistent. Additionally, it is important to keep track of all agreements and categories in order to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on how to use collateral agreement categories