What is 'portfolio co-obligation' in SAP FS-FBS-CML-BZL - SAP Loans Management Extension for Brazil?

portfolio co-obligation - Overview

• Component: FS-FBS-CML-BZL

• Component Name: SAP Loans Management Extension for Brazil

• Description: A scenario in which the collection of payments for a loan portfolio is done by an engineering and construction company, but the loan portfolio is owned by another company, for example, a bank.

portfolio co-obligation - Details

• 
  Key Concepts:
  Portfolio co-obligation is a feature of the FS-FBS-CML-BZL SAP Loans Management Extension for Brazil. It allows for the creation of a portfolio of loans that are jointly and severally liable, meaning that each loan in the portfolio is backed by all other loans in the portfolio. This means that if one loan defaults, the other loans in the portfolio are responsible for paying back the defaulted loan. 
  
  How to use it:
  In order to use portfolio co-obligation, you must first create a portfolio of loans. Once you have created the portfolio, you can then assign each loan in the portfolio to be jointly and severally liable. This means that if one loan defaults, all other loans in the portfolio are responsible for paying back the defaulted loan. 
  
  Tips & Tricks:
  When creating a portfolio of loans with portfolio co-obligation, it is important to ensure that all loans in the portfolio are of similar risk levels. This will help to minimize the risk of default and ensure that all loans in the portfolio are equally responsible for paying back any defaulted loans. 
  
  Related Information:
  For more information on how to use the FS-FBS-CML-BZL SAP Loans Management Extension for Brazil, please refer to SAP's official documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this extension.