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V_PRODARTT - Define Product Types - Trade Finance

V_PRODARTT - Define Product Types - Trade Finance

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Define or adapt product types for trade finance transactions based on the available product categories.

You can maintain the product types according to your requirements.

Product types help to differentiate between different financial instruments in Trade Finance. Differentiation is necessary if the individual instruments are subject to different processing rules or if you wish to create different levels for evaluation. By assigning different structure characteristics, you can predefine various forms of transactions.

Only via the combination of the product type with a transaction type is the financial transaction finally set.

In the Trade Finance area, the following product categories are available:

850 Letter of Credit

860 Bank Guarantee






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