Knowledge Guide

FICA : Contract Accounting - Basic Functions

Below are basic function in Contract Accounts Receivables & Payables (but not limited to) Basic Function Master Data Posting and Documents Business Locks Account Balance Display Correspondence Dual Control Principle Tech

Below are basic function in Contract Accounts Receivables & Payables (but not limited to)

Basic Function
  • Master Data
  • Posting and Documents
  • Business Locks
  • Account Balance Display
  • Correspondence
  • Dual Control Principle
Technical Settings
  • Mass Activities
  • Program Enhancements - Event Concept
Technical Basic Function
  • Posting Areas
  • Archiving
  • Migration
  • Installation, Upgrade, Activation of FI-CA

Some of the process listing is as follows…

BPC-1. Account Determination
BPC-2. Security Deposits
BPC-3. Installment plans
BPC-4. Collection management
BPC-5. Clearing strategy
BPC-6. Interest Calculation
BPC-7. Transfer of items
BPC-8. Return Management
BPC-9. Dunning
BPC-10. Transfer to General Ledger
BPC-11. Manual Postings
BPC-12. Reversal of documents
BPC-13. Reset Clearing
BPC-14. Write off
BPC-15. Doubtful individual value adjustments
BPC-16. Submission to collection agencies
BPC-17. Late payment charges (LPC)
BPC-18. Period end closing.

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Sachin H. Patil
Sachin H. Patil
SAP FI-CA Consultant & Architect

Practical SAP notes, structured for review, reuse and long-term maintenance.

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