CONTINGENT LIABILITY title: contingent liability (FI) (SAP Library - Glossary)
CONTINGENT LIABILITY category: Financial Accounting (FI)
CONTINGENT LIABILITY explained:
The contingencies or rights of recourse arising from payment guarantees made, warranties, and bills of exchange.
These items are displayed separately on the balance sheet.
More terms such as contingent liability in Dictionary C.
- Manual Currency Option:
- Help hedging instrument, where the rights and obligations are unevenly distributed between the purchaser and the seller. In contrast to listed financial instruments, OTC options with freely definable contingent liability definition.
- Manual Content Acquisition And Rights Management:
- Help Business scenario that can be used to manage rights acquisition contracts in which rights and services are defined, which broadcasting companies acquire to produce and broadcast new programs contingent liability explain.
- Manual Control Structure:
- Help structuring a processing block in statement blocks. Possible control structures aresequence, branch, and loop. Control structures can be nested, in that closed statement blocks can in turn contain contingent liability what is.
- Manual Case Type Determination Strategy:
- Help determination algorithms of the case determination strategy to search for existing cases and by the case creation strategy to create new cases. The case type determination strategy (CTDS) determines contingent liability meaning.
- Manual Customer Credit Group:
- Help grouping business partners; defined according to user requirements. This category is used as a selection criterion in reporting and during the creation of worklists. Example Possible customer credit contingent liability abbreviation.
