Product Information
SAP Credit Management in S/4HANA (2020 release)
This blog provides an update on Credit Management capabilities based upon the S/4HANA 2020 release.
Basic Overviews of SAP Credit Management
The following blogs provide excellent overviews of SAP Credit Management:
SAP Credit management: Functional overview
SAP Credit Management in S/4HANA
SAP Credit Management in S/4HANA (1909)
SAP Credit Management in S/4HANA
Overview of the features of Credit Management in S/4HANA from a functional perspective:
New features for SAP S/4HANA 2020 Credit Management
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New Fiori App Manage Credit Accounts (new app) – provides a 360° view on credit management related information of a customer. Manage Credit Accounts performs many of the functions in the existing GUI transaction UKM_BP, but also provides new features such as an “overdue grid” that provides visibility of the customer’s credit exposure using predefined time series (0-30 days, 31-60 days, etc.). For an overview of Manage Credit Accounts capabilities, please see the following:
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Search for business partners, for example, by country or credit group.
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Navigate to the global credit data for your business partner.
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Edit credit data, recalculate the scoring and trigger the update of configured follow-on events.
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View the credit profile for information about scoring, risk class, and rules for credit management.
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View an overview of credit segments in which the business partner exists.
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Find information about blocked sales orders and navigate to the related sales orders.
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Display all open credit limit requests in the global credit data and on segment level.
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Display credit insurances and collaterals entered for the business partner.
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Display negative credit events.
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Display check exceptions.
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Navigate into each credit segment to see the data maintained for each segment.
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Find details about the credit limit, credit exposure, and account control on credit segment level.
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See the amounts of overdue sales documents per period in an overdue grid.
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See the credit analyst responsible for the segment.
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See the payment behavior with key dates related to dunning, last payment, and oldest open item.
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Find key figures for DSO, cash discounts, and sales of the last 12 months.
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Add notes on global credit data level or on credit segment level.
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For more information: https://help.sap.com/viewer/3cb1182b4a184bdd93f8d62e3f1f0741/2020.000/en-US/be5747120f22446dbaeabc02044722d3.html
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Two new Fiori apps provide alternatives for two key SAP GUI list displays:
a) Display Credit Exposure (new app)
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The functionality of transaction UKM_COMMITMENTS has been made available as the Fiori app: Display Credit Exposure
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For more information: https://help.sap.com/viewer/3cb1182b4a184bdd93f8d62e3f1f0741/2020.000/en-US/3ec97dc7917a4211a650f54c148dcf87.html
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b) Display Credit Account Data (new app)
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The functionality of transaction UKM_BP_DISPLAY has been made available as the Fiori app: Display Credit Account Data
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For more information on Display Credit Account Data:
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https://help.sap.com/viewer/3cb1182b4a184bdd93f8d62e3f1f0741/2020.000/en-US/083777d1580a41da91e7935d1787b155.html
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Additional Information “UKM_ADDINFOS_DISPLAY” (new transaction code)
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The transaction Additional Information in Credit Management(UKM_ADDINFOS_DISPLAY) is now available in SAP Menu
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For more information: https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/7d8e0ce2df6e4f5bb0c550ca83f23ed1.html
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Check Configuration of Documented Credit Decisions (new customizing activity )
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Use the new customizing activity Check Configuration of Documented Credit Decisions(UKM_DCD_SETUP_CHECK) to check whether the configuration settings that you have made for documented credit decisions are free of errors.
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For more information: https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/e70ce68c5ecf4b22b2dd68ab627c1b52.html
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Delete Credit Management Data (new app)
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This new app enables you to delete the credit exposure and the payment behavior summary of business partners.
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For more information: https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/749638ebc28e4d9f9a908561e119bd11.html
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Rebuild Credit Management Data (new app)
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This new app allows you to schedule jobs for SAP Credit Management. With the jobs available in this app, you can rebuild data relevant for credit management.
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For more information: https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/83b4b33721f74ea5be7a78788fc61c04.html
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Three SAP Analytics Cloud “Stories” for SAP Analytics Cloud provides you with analysis of your live data in SAP S/4HANA.
Relevant SAP Best Practices scope item here: Receivable Management Content Configuration with SAP Analytics Cloud (4CQ).
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SAP Credit Management Reporting
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Worklist format
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Focus on exceptions
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Highly flexible SAC configuration
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Based upon the SAC story: SAP__FI_ANA_CREDIT
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SAP Collections Management
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Based upon the SAC story: SAP__FI_ANA_COLLECTION
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SAP Dispute Management
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Based upon the SAC story: SAP__FI_ANA_DISPUTE
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For more information: https://rapid.sap.com/bp/#/scopeitems/4A6
For a list of all new Credit Management features available in S/4HANA 2020, please see:
https://help.sap.com/doc/b870b6ebcd2e4b5890f16f4b06827064/2020.000/en-US/WN_OP2020_EN.pdf (see section “Basic Credit Management”)
SAP Cloud for Credit Integration
An additional option for credit integration is the SAP Cloud for Credit Integration application service. SAP S/4HANA Cloud for credit integration allows you to use external credit risk information in order to make better credit decisions and to automate the monitoring of your customers’ credit risk.
SAP S/4HANA Cloud for credit integration extracts information from credit reports that are provided by the credit agencies and automatically updates the following organizational and credit data into your SAP Credit Management system:
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Rating for a business partner provided by the credit agency
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Legal form
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Business partner identification number
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Industry code
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Date founded
As a result, in SAP Credit Management, your internal credit scoring is automatically recalculated according to your settings in Customizing. The business partner’s risk class and credit limit can be recalculated. This automated and simplified process enables the credit controller to take faster credit decisions based on the most recent data.
Connect to the world’s leading credit bureaus
Seamless integration of credit risk evaluation and reports delivered by credit agencies
More than 14 credit agencies already available.
Overview of SAP S/4HANA Cloud for Credit Integration:
https://help.sap.com/viewer/2febe3e150944986bb1cb638edb63bfd/1.0/en-US
New features for SAP S/4HANA Cloud for Credit Integration 2020:
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Request investigations
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New credit products:
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Cyber Risk Report (CYBERRISKREPORT)
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Extended-Check Report (EXTENDED-CHECKREPORT)
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Compliance Check Report (COMPLIANCECHECKREPORT)
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Due Diligence Field Visit (DUEDILIGENCEFIELDVISIT)
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Credit Report with Planned Revision (CREDITREPORTPR)
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Extended-Check Report with Planned Revision (EXTENDED-CHECKREPORTPR)
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Slim Report with Planned Revision (SLIMREPORTPR)
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For more information on SAP Cloud for Credit Integration 2020 new features: https://help.sap.com/viewer/3e611d71864f4bb796fe80494de9a1d1/1.0/en-US
Hello Sheldon,
very nice, thanks. Some screen shots of the the new apps would ne nice. Or a direct link to the Fiori Apps Library would be convenient, too. Just saying.
Are there any news regarding customer extensibility? In 1809/1909 you have to go through many tricks in order to transfer information from the sales order to any custom credit checks. Have the signatures of the Credit Management BADI interfaces been improved?
KR,
Steffen
Hello Steffen -
Added a few screenshots as suggested.
I checked my notes from Development's handover and reviewed the updated 2020 product details but could not find any mention of extensibility changes, No mention of any changes to the Credit Management BADI interfaces either. FYI - a good resource to locate what is new/changed/no longer available in any release is SAP's "S/4HANA What's New Viewer" - https://help.sap.com/doc/474a13c5e9964c849c3a14d6c04339b5/100/en-US/8880de6dbfb94ea3b0de1f26b40816dc.html
Sheldon
Good information by Sheldon Edelstein
Hello Sheldon,
thank you for the great overview. Do you know if there any information if the fiori App "Credit Management Reporting" will be also for 2021 On-Premise Release or is it only for SAC?
Thank you.
Best Regards,
Alex Malezky
How does the new Credit Management app works with Sales for Projects ( integration with Project Management System) which has deliveries from Projects and not from Sales Orders?
How do we conduct the Delivery Credit Block on Deliveries from Projects?
Hello Sheldon:
In the previous version of FSCM there was transaction F.35, now in the new version FSCM there is not a single transaction where all the information of F.35 is available. There is an App in Fiori that can view all the information on F.35.
Thanks for your help
Best Regards,
Nelson D. Tovar
Hi Nelson,
The F.35 (Credit Master Sheet) does only reflect the data from the Classic Credit Management and has no connection to the FSCM.
The UKM_BP is the main transaction for the FSCM Credit Management.
But of course, you can e.g. also use the UKM_BP_DISPLAY report to get a list view for a lot of data in the FSCM Credit Management.
Regards,
Emöke
Thanks a lot for sharing this!
I have a question, we only have the basic license but I can see that we can define formulas to calculate the score and credit limit, how is that different from the Credit Rules Engine?
Hi Sheldon, when we use UKM_BP_DISPLAY in gui, whenever we click directly on the BP number and it does not directly jumps into the specific BP screen with the BP details?
Right now, there are few steps in between before we can reach to that specific BP.
Appreciate your suggestion, maybe use a specific auth object, parameter, etc?
Thank you Sheldon!
Hello,
Can we use Fiori App to set and remove Credit Management Block?
Blocked by Credit Management
Credit account is locked in Credit Management.