SAP Payment run process gives companies a convenient, simple and effective way to pay their vendors. SAP FI uses automatic payment program as a tool to handle mass transactions in accounts payables. The program selects open invoices to be paid and posts payment documents. The process handles both national and Read more…
Contract accounts receivable and payable (FI-CA) is a type of subledger accounting that is tailored towards the requirements of industry sectors with multiple business partners and a large number of documents for processing. To meet these demands, FI-CA offers highly automated standard processes – specialist mechanisms to guarantee outstanding system Read more…
Integrated Business Planning for Finance (IBPF) function in Simple Finance allows to perform financial planning to integrate with SAP ERP user interfaces, workflows, and replace the existing features in SAP ERP system. You can remove the limitations during planning in SAP GUI. Benefits of Using IBPF Advantage of HANA views Read more…
The definition and execution of a workflow can be divided into four main areas. A user executes workflows in their Business Workplace where the work items that they can execute are displayed. A workflow must be defined to be executed. To this end, a workflow definition is created in the Workflow Builder. This Read more…
The integration FI-CA and General Ledger Accounting enables the periodic update of the General Ledger from Contract Accounting Receivable and Payable. Transactions Transaction Description FPDC Document Consistency Check FPDCM Consistency Check for FI-CA Docs FPF1 Create Reconciliation Key FPF2 Change Reconciliation Key FPF3 Display Reconciliation Key FPFAGG Aggregate Reconciliation Key FPFMDY Read more…
Receivables can marked as doubtful and it is possible to make value adjustments (IVA) where appropriate in order to adjust existing receivables to their actual estimated values. Overview Transactions/Programs Transaction Description FPZW Adjust Receivables FPRW Adjust Receivables According to Age FPRV Repost Corrected Receivables FPRA Display Adjusted Receivables Customizing FICAIMG: > Contract Read more…
The functionality Open Item List gives you an overview of the receivables outstanding from your business partners. Transactions Transaction Description FPO1 FI-CA: OI List per Key Date FPO1P OI List for Key Date (Parallel) FPO1_ACC FI-CA Key Date-Specific OI List(Acc) FPO2 Reconciliation of OI’s in G/L FPO2P Reconciliation of OIs Read more…
Worklists and work items are useful to assign activities like a phone call to a certain agent. The worklists and work items are generated during the following processes: Dunning by dunning procedure Dunning by collection strategy Inbound correspondence dunning Transactions Transaction Description FPWLM Management of Worklists for Collection Management FPWLMN Read more…
In addition to managing your own receivables, you can use the FI-CA component Revenue Distribution to manage receivables for third parties. Transactions Transaction Description FP60R Evaluation of Revenue Distribution (Original Document) => new FP60R_NEW FP60R1 Evaluation of Revenue Distribution (Distribution Document) FP60M Distribute Revenues FP60P Post Distribution => new FP60PM FP60A Create Read more…
The functionality Inbound Correspondence is used to determine the due date by which a business partner is obliged to submit a declaration (e.g. a tax demand) Transactions FMCAINCOC Create Inbound Correspondences FMCAINCOH Process Inbound Correspondence FMCAM1 Generate Inbound Correspondences FPCODU Correspondence Dunning FPCODUH Correspondence Dunning History Transaction Description Customizing FICAIMG Read more…