Describing Cash and Non-Cash Security Deposits

Objective

After completing this lesson, you will be able to explain cash and non-cash security deposits

FI-CA Security Deposit

A flowchart depicts the process of handling non-cash and cash security deposits, including requests, payments, and received deposits, with a guarantee of payment. The chart divides the processes between FI-CA and FI.

FI-CA supports the processing of cash and noncash security deposits of business partners.

Noncash security deposits can be bank guarantees, mortgage bonds, or savings accounts.

Noncash security deposits can be returned or cashed.

Cash security deposits are payables, which can be settled later according to certain criteria.

Cash security deposits are calculated with credit interests.

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