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master contract termination (FS-AM-OM)

Order Management (FS-AM-OM)

Business object that represents the termination of the master contract between the master contract holder and the contract-managing organizational unit (such as the bank). Only the master contract itself is terminated. The participating accounts remain open.

The termination of a master contract is managed as an order in Order Management. Activating the order represents both the notice on the master contract and the termination of the master contract. The termination of master contract function executes all of the necessary functions, such as the settlement for the master contract to set the status of the master contract to "Terminated".

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