What is maximum amount in SAP FS-MCM-BT - Balance Transfer?

SAP Term: maximum amount

• Component: FS-MCM-BT

• Component Name: Balance Transfer

• Description: The maximum amount that can be transferred from one or more funding accounts to a funded account within a balance transfer relationship during a balance transfer run. The system determines the maximum amount from the maximum percentage rate and the balance determination basis that were stored for the relationship of a funded account such as loan when it was added to the master contract. At the same time as the remaining debt of a funded account decreases in time through repayments, the maximum balance to transfer also decreases. &EXAMPLE& For a funded loan, you have chosen the interest calculation basis as balance determination basis and entered 50% as maximum percentage rate. The interest calculation basis for the loan is currently EUR 100,000. During the next balance transfer run the system includes a maximum total of EUR 50,000 of the balances to be transferred.

Smart SAP Assistant

• Key Concepts: 
  The maximum amount is a feature of the FS-MCM-BT Balance Transfer component in SAP. It is a limit that can be set on the amount of money that can be transferred from one account to another. This limit helps to ensure that only the necessary amount of money is transferred and that no more than the specified amount is moved. 
  
  How to use it: 
  The maximum amount feature can be set up in the FS-MCM-BT Balance Transfer component in SAP. To do this, go to the “Settings” tab and select “Maximum Amount”. Here, you can enter the maximum amount that can be transferred from one account to another. Once this limit is set, any transfers that exceed this amount will be blocked. 
  
  Tips & Tricks: 
  It is important to set a reasonable maximum amount for transfers in order to ensure that only the necessary funds are moved. It is also important to regularly review and update this limit as needed, as it can help to prevent fraud or other unauthorized transactions. 
  
  Related Information: 
  For more information on setting up and using the maximum amount feature in SAP, please refer to the official SAP documentation.