What is ranking order in SAP (FS-CMS - Collateral Management System)?

SAP Term: ranking order

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: The description of the sequence in which the collateral agreements assigned to an asset are utilized in a fictitious liquidation.

Smart SAP Assistant

• Key Concepts: 
  Ranking order is a feature of the FS-CMS Collateral Management System (CMS) that allows users to prioritize their collateral assets. It allows users to assign a numerical value to each asset, which is then used to determine the order in which the assets are processed. This feature is especially useful for managing large portfolios of collateral assets, as it allows users to quickly identify and prioritize the most important assets.
  
  How to use it: 
  To use the ranking order feature, users must first assign a numerical value to each asset in their portfolio. This value can range from 1 (lowest priority) to 10 (highest priority). Once the values have been assigned, the CMS will automatically process the assets in order of their assigned ranking. This ensures that the most important assets are processed first, allowing users to quickly identify and address any issues with their collateral assets.
  
  Tips & Tricks: 
  When assigning numerical values to your collateral assets, it is important to consider both the current and future value of each asset. For example, if an asset is currently not very valuable but may become more valuable in the future, it may be worth assigning a higher ranking order value to ensure that it is processed first. Additionally, it is important to regularly review and update your ranking order values as your portfolio changes over time.
  
  Related Information: 
  For more information on how to use the ranking order feature of FS-CMS Collateral Management System, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tips and tricks for using this feature more effectively.