What is credit interest share in SAP FS-MCM-CSL - Combined Settlement?

SAP Term: credit interest share

• Component: FS-MCM-CSL

• Component Name: Combined Settlement

• Description: The part of the interest earned from a combined settlement result that the system remunerates to a participant account. A distribution method that uses a fixed percentage enables you to distribute the credit interest calculated in the compensation proportionately to all participant accounts. In this type of interest distribution, each account assigned to a master contract relationship receives an individual fixed share of the credit interest, between 0-100%. The credit interest share determines how the debit interest is distributed. Both are interest result shares.

Smart SAP Assistant

• Key Concepts: 
  Credit interest share is a component of the FS-MCM-CSL Combined Settlement module in SAP. It is used to calculate the interest rate that is shared between two parties in a loan agreement. The interest rate is calculated based on the amount of money borrowed, the duration of the loan, and the creditworthiness of the borrower. 
  
  How to use it: 
  In order to use credit interest share, you must first enter the details of the loan agreement into SAP. This includes the amount borrowed, the duration of the loan, and the creditworthiness of the borrower. Once this information is entered, SAP will calculate the interest rate that will be shared between both parties. 
  
  Tips & Tricks: 
  When entering information into SAP for credit interest share, it is important to make sure that all details are accurate. This will ensure that the correct interest rate is calculated and that both parties are satisfied with the outcome. 
  
  Related Information: 
  For more information on credit interest share and other components of FS-MCM-CSL Combined Settlement, please refer to SAP's official documentation.