What is 'personal enforcement title' in SAP FS-CMS - Collateral Management System?

personal enforcement title - Overview

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: A legal document wherein the borrower assumes the personal liability for the repayment amount that includes the land charge amount, interest and any other incidental payments.

personal enforcement title - Details

• 
  Key Concepts: 
  Personal enforcement title is a feature of the FS-CMS Collateral Management System (CMS) that allows users to assign a personal enforcement title to a collateral agreement. This title is used to identify the agreement in the system and can be used to track the status of the agreement. 
  
  How to use it: 
  To assign a personal enforcement title to a collateral agreement, users must first create a collateral agreement in the CMS. Once the agreement is created, users can assign a personal enforcement title by selecting the “Personal Enforcement Title” option from the “Collateral Agreement” menu. The user can then enter the desired title and click “Save” to save the changes. 
  
  Tips & Tricks: 
  When assigning a personal enforcement title, it is important to make sure that it is unique and descriptive. This will help ensure that the agreement can be easily identified and tracked in the system. 
  
  Related Information: 
  For more information on personal enforcement titles and how to use them in FS-CMS, please refer to the official SAP documentation.