What is account reclassification in SAP FS-FBS-CML-BZL - SAP Loans Management Extension for Brazil?

SAP Term: account reclassification

• Component: FS-FBS-CML-BZL

• Component Name: SAP Loans Management Extension for Brazil

• Description: Change of assignment of a loan to a specific GL account or accounting rules according to certain criteria. It is based on the payment behaviour of the customer.

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• Key Concepts: 
  Account reclassification is a feature of the FS-FBS-CML-BZL SAP Loans Management Extension for Brazil. It allows users to reclassify accounts from one type to another, such as from a loan account to a savings account. This feature is useful for managing accounts and ensuring that the correct type of account is used for each transaction.
  
  How to use it: 
  To use the account reclassification feature, users must first select the account they wish to reclassify. Then, they must select the new type of account they wish to use. Finally, they must confirm the changes and save them.
  
  Tips & Tricks: 
  It is important to ensure that all changes are saved correctly in order to avoid any errors or discrepancies in the accounts. Additionally, users should be aware of any restrictions or limitations that may be associated with certain types of accounts.
  
  Related Information: 
  The FS-FBS-CML-BZL SAP Loans Management Extension for Brazil also includes features such as loan origination, loan servicing, and loan repayment. Additionally, users can access detailed reports and analytics related to their accounts.