What is free characteristic in SAP IS-B-RA-CL - Default Risk and Limit System?

SAP Term: free characteristic

• Component: IS-B-RA-CL

• Component Name: Default Risk and Limit System

• Description: Free characteristics that are derived from existing limit characteristics. The values of the existing limit characteristics are grouped together to form a new, free characteristic value.

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• Key Concepts: 
  A free characteristic is a type of characteristic in the IS-B-RA-CL Default Risk and Limit System. It is a user-defined field that can be used to store additional information about a customer or transaction. Free characteristics are used to supplement the existing data fields in the system, allowing for more detailed analysis and reporting. 
  
  How to use it: 
  Free characteristics can be used to store additional information about a customer or transaction. This information can then be used to create more detailed reports and analysis. To create a free characteristic, go to the “Characteristics” tab in the IS-B-RA-CL Default Risk and Limit System. Select “Create” and enter the desired information. 
  
  Tips & Tricks: 
  When creating free characteristics, it is important to ensure that the information entered is accurate and up-to-date. This will ensure that reports and analysis are based on accurate data. Additionally, it is important to ensure that all users have access to the same free characteristics, as this will ensure consistency across reports and analysis. 
  
  Related Information: 
  For more information on free characteristics in the IS-B-RA-CL Default Risk and Limit System, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use free characteristics in SAP systems.