What is combined settlement charge in SAP FS-MCM-CSL - Combined Settlement?

SAP Term: combined settlement charge

• Component: FS-MCM-CSL

• Component Name: Combined Settlement

• Description: An amount that the system calculates periodically during the combined settlement for a master contract and debits to the account specified in the settlement payment details. Condition differentiation can be by means of the master contract application such as facility. &EXAMPLE& A charge due annually for a master contract with the "Facility" feature, whereby the amount depends on the number of participating accounts.

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• Key Concepts: 
  Combined settlement charge is a component of the SAP Financial Services Management (FS-MCM) module. It is used to calculate the total cost of a settlement transaction, including any fees, taxes, and other charges. The combined settlement charge is calculated based on the transaction type, currency, and other factors. 
  
  How to use it: 
  The combined settlement charge component can be used to calculate the total cost of a settlement transaction. This includes any fees, taxes, and other charges associated with the transaction. The component can be configured to take into account different transaction types, currencies, and other factors. 
  
  Tips & Tricks: 
  When configuring the combined settlement charge component, it is important to consider all relevant factors that may affect the total cost of the transaction. This includes any fees, taxes, and other charges that may be applicable. Additionally, it is important to ensure that the component is configured correctly for different transaction types and currencies. 
  
  Related Information: 
  For more information about the combined settlement charge component of SAP Financial Services Management (FS-MCM), please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about this component and how to use it effectively.