What is usage type in SAP (FS-CMS - Collateral Management System)?

SAP Term: usage type

• Component: FS-CMS

• Component Name: Collateral Management System

• Description: The purpose for which a collateral object is used. &EXAMPLE& Office Privately-financed apartment Parking space

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• Key Concepts: 
  Usage type is a feature of the FS-CMS Collateral Management System (CMS) that allows users to define the purpose of a collateral item. It is used to classify collateral items into different categories, such as “security” or “guarantee”. This helps users to easily identify and manage their collateral items.
  
  How to use it: 
  To use the usage type feature, users must first define the purpose of their collateral item. This can be done by selecting a usage type from the list of available options in the CMS. Once the usage type has been selected, users can then assign it to their collateral item. This will help them to easily identify and manage their collateral items.
  
  Tips & Tricks: 
  It is important to select an appropriate usage type for each collateral item in order to ensure that it is properly classified and managed. Additionally, users should ensure that they are familiar with all of the available usage types in order to make sure that they are selecting the most appropriate one for their needs.
  
  Related Information: 
  For more information about usage types and how to use them in FS-CMS, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide detailed information about usage types and how they can be used in CMS.