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

collateral constellation - Overview

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: The relationships between the collateral agreements used to collateralize a receivable, the collateral objects they charge and the linked receivables.

collateral constellation - Details

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  Key Concepts: 
  Collateral constellation is a feature of the SAP FS-CMS Collateral Management System. It allows users to manage and monitor collateral agreements between two or more parties. This includes tracking the status of collateral agreements, setting up new agreements, and managing the associated documents. 
  
  How to use it: 
  The collateral constellation feature can be used to set up and manage collateral agreements between two or more parties. This includes setting up the agreement, tracking its status, and managing the associated documents. The feature also allows users to monitor the collateral agreement and take action if necessary. 
  
  Tips & Tricks: 
  When setting up a collateral agreement, it is important to ensure that all parties involved are aware of the terms and conditions of the agreement. Additionally, it is important to keep track of any changes that are made to the agreement over time. 
  
  Related Information: 
  The SAP FS-CMS Collateral Management System also includes features such as collateral monitoring, risk management, and reporting. Additionally, it can be integrated with other SAP systems such as SAP ERP and SAP S/4HANA.