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

SAP Term: many-to-many balance transfer relationship

• Component: FS-MCM-BT

• Component Name: Balance Transfer

• Description: A dependency between funding and funded accounts, whereby a balance transfer relationship exists between any number of funded accounts and any number of funding accounts. While a funding account can participate in multiple balance transfer relationships, a funded account may always only participate in exactly one balance transfer relationship. The ranking of a funding account determines the sequence in which the system includes the balances to be transferred. The priority of the master contract determines the sequence in which the system uses the balance transfer relationship and, thus, also which funded account. &EXAMPLE& Multiple savings accounts are available to reduce the debit interest for multiple loans. To enable this, one loan each participates in multiple master contracts with the balance transfer feature as funded account and one or more savings accounts participate as funding accounts. The savings account with the largest credit balance has the top ranking for the balan

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• Key Concepts: 
  Many-to-many balance transfer relationship is a component of the SAP Financial Services (FS) Multi-Company Management (MCM) module. It allows companies to transfer balances between multiple companies in a single transaction. This feature is useful for companies that have multiple subsidiaries or divisions that need to transfer funds between them. 
  
  How to use it: 
  The many-to-many balance transfer relationship component of FS-MCM-BT allows companies to transfer balances between multiple companies in a single transaction. This feature is useful for companies that have multiple subsidiaries or divisions that need to transfer funds between them. To use this feature, the user must first set up the balance transfer relationship between the two companies. This can be done by entering the company codes and the account numbers of the two companies into the system. Once this is done, the user can then initiate a balance transfer transaction from one company to another. 
  
  Tips & Tricks: 
  When setting up a many-to-many balance transfer relationship, it is important to ensure that all of the account numbers are correct and up-to-date. Additionally, it is important to ensure that all of the company codes are correct and up-to-date as well. This will help ensure that the balance transfer transactions are processed correctly and without any errors. 
  
  Related Information: 
  For more information on setting up and using the many-to-many balance transfer relationship component of FS-MCM-BT, please refer to SAP’s official documentation on the topic. Additionally, there are several online tutorials available that provide step-by-step instructions on how to set up and use this feature.