What is sovereign of incorporation in SAP IS-B-RA-CL - Default Risk and Limit System?

SAP Term: sovereign of incorporation

• Component: IS-B-RA-CL

• Component Name: Default Risk and Limit System

• Description: Country of the political and economic risk.

Smart SAP Assistant

• Key Concepts: 
  Sovereign of incorporation is a term used in the IS-B-RA-CL Default Risk and Limit System of SAP. It refers to the country in which a company is incorporated. This information is used to determine the risk associated with a company and the limits that should be set for it. 
  
  How to use it: 
  The sovereign of incorporation is used to determine the risk associated with a company and the limits that should be set for it. This information is used by SAP to calculate the risk associated with a company and set appropriate limits for it. 
  
  Tips & Tricks: 
  When entering the sovereign of incorporation for a company, make sure to enter the correct country. This will ensure that SAP can accurately calculate the risk associated with the company and set appropriate limits for it. 
  
  Related Information: 
  The sovereign of incorporation is just one of many factors that SAP takes into account when calculating risk and setting limits. Other factors include credit rating, financial statements, and other financial data.