FIN Treasury

In a quest to reduce interest rate manipulation & increase financial transparency, banks and regulators around the world have performed an overhaul of the benchmark interest rates used globally for financial transactions.  Corporations and... 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 »

This is Blog #16 in our Record to Report Blog Series. You can find the complete series outlined HERE. Author: Josef Schlenkrich, Product Manager SAP S/4HANA Payments and Bank Communication Introduction Security in payment transactions is a topic... Read More »

In this blog post, we will take a look at what is new in  SAP S/4AHANA Cash Management release 2021. It is not the purpose of this blog to explain all the new functionalities.  I will focus on the most significant developments and try to explain... Read More »

This is Blog #15 in our Record to Report Blog Series. You can find the complete series outlined HERE. This blog provides additional detail to support last week’s blog: R2R Series Blog #14: Run Centralized Payment Operations on SAP S/4HANA... Read More »

Hello SAP Community, Today I’ll talk about SAP Multi-Bank Connectivity. It is a unique offering from SAP that helps ERP connect multiple financial institutions on the network owned and managed by SAP and facilitates the exchange of financial... Read More »

Authors: Haresh Chhaya, Treasury and Working Capital Solutions Leader at SAP America Inc. This is Blog #14 in our Record to Report Blog Series. You can find the complete series outlined HERE. Seamless Payments of the Future Finance leaders are... Read More »

This document is an overview and detailed guide on implementing ISO 20022 XML PAIN.002 payment status reports or payment acknowledgement files. This document covers baseline configuration steps and prerequisites for payment status reports. Payment... Read More »

  Introduction LC: Importance Process of LC Scenario Solution   Letter of Credit (LC): A letter of credit or LC is a document issued by the importer’s bank (opening bank) on importer’s behalf. Through its issuance, the exporter is... Read More »

  Introduction Corporate Treasury focus has shifted a long way from back-office function to being a strategic advisor to the top management. With this shift there has been tremendous push on treasury to shift its gears from transaction... Read More »