What is scope of collateral in SAP FS-CMS - Collateral Management System?

SAP Term: scope of collateral

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: The definition of which securities insure which claims.

Smart SAP Assistant

• Key Concepts: 
  Scope of collateral is a feature of the SAP FS-CMS Collateral Management System (CMS) that allows users to define the scope of their collateral management activities. This includes defining the types of collateral that can be managed, the types of transactions that can be performed, and the types of parties involved in the transactions. The scope of collateral also defines the rules and regulations that must be followed when managing collateral. 
  
  How to use it: 
  The scope of collateral is set up in the SAP FS-CMS Collateral Management System (CMS). Users can define the types of collateral that can be managed, the types of transactions that can be performed, and the types of parties involved in the transactions. The scope of collateral also defines the rules and regulations that must be followed when managing collateral. 
  
  Tips & Tricks: 
  When setting up the scope of collateral, it is important to consider all potential scenarios and ensure that all necessary rules and regulations are included. It is also important to ensure that all parties involved in the transactions are aware of the scope of collateral and understand their responsibilities. 
  
  Related Information: 
  For more information on setting up the scope of collateral in SAP FS-CMS Collateral Management System (CMS), please refer to SAP Help documentation or contact your local SAP support team.