How to use FN61 - Create collateral value

FN61 - Overview

• Transaction Code: FN61

  Description: Create collateral value

  Release: S/4HANA and ECC 6

• • Program: SAPMF67Q

    Screen: 100

    Authorization Object: FD_BEL_ACT

  • Development Package: FVVD

    Package Description: Treasury Loans

    Parent Package: FVVD_ZBASIS

  • Module/Component: FS-CML

    Description: Loans Management

FN61 - Details

• SAP Tcode: FN61 - Create collateral value

  
  Overview:
  The SAP transaction code FN61 is used to create a collateral value for a customer. This transaction code is used to record the value of a customer’s collateral, such as a car or house, that can be used as security for a loan. 
  
  Functionality: 
  The FN61 transaction code allows users to enter the value of the collateral and store it in the system. This information can then be used to determine the amount of money that can be loaned to the customer. The collateral value is also used to calculate the interest rate on the loan. 
  
  Step-by-step How to Use: 
  To use the FN61 transaction code, users must first enter the customer’s name and address. Then, they must enter the value of the collateral and select “Create Collateral Value” from the menu. The system will then generate a report with the collateral value and other relevant information. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used when creating a new collateral value for a customer. If an existing collateral value needs to be updated, users should use the FN62 transaction code instead. Additionally, users should always double-check their entries before submitting them to ensure accuracy.