What is balance transfer relationship in SAP FS-MCM-BT - Balance Transfer?

SAP Term: balance transfer relationship

• Component: FS-MCM-BT

• Component Name: Balance Transfer

• Description: The dependency between a funding and a funded account for the transfer of balances. The relationship is mapped as a master contract with the “” feature by two or more participating accounts. Within a master contract, exactly one account must be a funded account and at least one other account must be funding account. Funded accounts can participate simultaneously in multiple balance transfer relationships, but not in multiple master contracts. Funding accounts can participate simultaneously in multiple balance transfer relationships in multiple master contracts. The following balance transfer relationships are possible: 1:1 relationship between a funded account and a funding account within a master contract 1:n relationship between a funded account and multiple funding accounts within a master contract n:m relationship between multiple funded accounts and multiple funding accounts within multiple master contracts

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• Key Concepts: 
  Balance transfer relationships are used in SAP Financial Services (FS) to define the relationship between two accounts. This relationship is used to transfer funds from one account to another. The FS-MCM-BT component is used to define the balance transfer relationship between two accounts. 
  
  How to use it: 
  The FS-MCM-BT component is used to define the balance transfer relationship between two accounts. This relationship is used to transfer funds from one account to another. The FS-MCM-BT component can be accessed through the SAP Financial Services menu. Once the component is opened, users can define the balance transfer relationship by entering the details of both accounts and specifying the amount of funds to be transferred. 
  
  Tips & Tricks: 
  When defining a balance transfer relationship, it is important to ensure that both accounts have sufficient funds for the transfer. Additionally, users should ensure that all details entered are accurate and up-to-date in order for the transfer to be successful. 
  
  Related Information: 
  For more information on balance transfer relationships, please refer to the SAP Financial Services documentation or contact your local SAP representative.