FIN Accounts Receivable and Payable

In this blog post, I want to show how you can create a reprocessing rule for one-step postings of bank statement items and for the clearing of open items.   The following screenshots are taken from an SAP S/4HANA Cloud 2202 system. However, this... Read More »

Originally Multi-Bank Connectivity connector was provided by SAP for data exchange between ERP  systems and SAP Claud Multi-Bank Connectivity tenant. In our case we are going to use MBC connector for payment data exchange between local ABB SAP... Read More »

Lock Box implementation for unique customer use case Objective: This Article explains the implementation and use case of Lockbox functionality Business need for implementing Lockbox for incoming check payments   Elimination of manual scanning and... Read More »

Assumption: Reader has basic knowledge on Accounts payables and is aware of FBZP set up in the system.  Overview: BCM stands for Bank Communication Management, which is a component under FSCM (Financial Supply Chain Management). BCM is responsible... Read More »

In SAP ERP it is possoible to Automate Doubtful Customer Open item transfer and create the corresponding Provision. When Customer Open Item are overdue, the accounting department may want to treat them as a bad debt based on thier own criteria. For... Read More »

Introduction: Companies having huge volume of customers may have invoices delayed for payment or due for a long period of time leading to doubtful receivables. As a part of month end process, an organisation might require to post provisioning... Read More »

Goal The goal of this blog post is to show a step-by-step process of how to enable automatic determination of partner bank account when creating invoices. The process will be explained for you by an example. Content Overview The content of this blog... Read More »

Business requirement: – Every business wants to track their direct or in-direct expenses to level of detail that can help them for better planning and execution. Cash discount is one of the expenses which Business generally wants to track by... Read More »

Background  In commodity-based industries such as OIL, Metal arrangement are often made with customers to calculated invoice based on market price which given by commodity exchange markets (Platts, CME, LME, NYMEX). If product is delivered before... Read More »

Hello SAPers! Here is a new post that describes the specifics around entry of master data for one-time accounts. I decided to collect my recent findings and write a post. I hope it will be of interest for you and maybe will save you some time if you... Read More »