What is participant role in SAP FS-MCM-CSL - Combined Settlement?

SAP Term: participant role

• Component: FS-MCM-CSL

• Component Name: Combined Settlement

• Description: The role assumed by an account that participates in interest distribution within a combined settlement. The participant role is defined when the account is added to the master contract. An account can either be both provider and receiver or receiver only: As provider and receiver, the balances, counters, limits, and settlement results of the participating account affect the combined settlement result and it can receive a defined percentage share of the result. In the role of provider and receiver, an account can only participte in one master contract. As receiver only, the participating account is not involved in the combined settlement, but can still receive a defined percentage share of the result. If the role is receiver only, an account can participate in any number of other master contracts as receiver. Note: The participant role is only available for the distribution category 5 - Post Interest to Participants in Accordance with the BAdI: Interest Distribution Among Parti

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• Key Concepts: 
  Participant role is a term used in the FS-MCM-CSL Combined Settlement component of SAP. It is a type of role that is assigned to a user or group of users in order to define their access rights and responsibilities within the system. The participant role defines which tasks the user or group can perform, as well as which data they can view and edit. 
  
  How to use it: 
  In order to assign a participant role to a user or group, the system administrator must first create the role in the system. This can be done by navigating to the “Roles” tab in the FS-MCM-CSL Combined Settlement component and selecting “Create Role”. The administrator will then be prompted to enter a name for the role, as well as any additional information such as access rights and responsibilities. Once the role has been created, it can be assigned to a user or group by selecting “Assign Role” from the “Roles” tab. 
  
  Tips & Tricks: 
  When creating a participant role, it is important to ensure that all access rights and responsibilities are clearly defined. This will help ensure that users are only able to perform tasks that are within their scope of responsibility. Additionally, it is important to regularly review and update participant roles in order to ensure that they remain up-to-date with any changes in user access rights or responsibilities. 
  
  Related Information: 
  For more information on participant roles in SAP, please refer to the official SAP documentation on the topic: https://help.sap.com/viewer/product/FS-MCM-CSL_COMBINED_SETTLEMENT/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html