FIN Globalization Services

In SAP R/3 system, customer master data/vender master data transactions such as FK01/FK02/FK03/XK01/XK02/XK03/FD01/FD02/FD03/XD01/XD02/XD03 are enhanced with country specific / localization requirements with the help of Business Add-In (BAdI)... Read More »

Instant payments represent a new arrangement within the Brazilian financial system that allows 24/7 transactions in real-time between different institutions without the need for intermediaries such as card schemes, acquirers, or issuers. This blog... Read More »

This Blog explains the steps which needs to be followed to configure in SAP S/4HANA Cloud to meet customer requirements for inserting or updating Country/Regions attributes. Prerequisites Your user must have authorization to access and modify the... Read More »

This blog aims to clarify the different parts of the Pain.001 file and explain what is the source of each tag. Pain.001 is a payments initiation message by ISO 20022 that depicts a Credit Transfer message in XML format. Payment initiation message is... Read More »

Instant payments represent a new arrangement within the Brazilian financial system that allows 24/7 transactions in real-time between different institutions without the need for intermediaries such as card schemes, acquirers, or issuers. This blog... Read More »

When making a payment, purpose codes from both the house bank (sender) country and receiver bank country are required in order to comply with regulatory reporting requirements of banks or local authorities. The new field Payment Reason stores the... Read More »

This blog post is a part of the multi-part series of blogs on the Define Compliance Reports application. In the set of blog posts, we cover the end-to-end process of creation and interconnection of various artifacts required for reporting... Read More »

This blog post is a part of the multi-part series of blogs on the Define Compliance Reports application. In the set of blog posts, we cover the end-to-end process of creation and interconnection of various artifacts required for reporting compliance... Read More »

SAP Document and Reporting Compliance helps address the global statutory reporting as well as electronic document exchange needs for global customers looking to transform their compliance reporting process. Document and Reporting Compliance –... Read More »

With the increased adoption of SAP S/4HANA advanced compliance reporting (ACR), more and more customers are using the solution to address their statutory reporting requirements. Since ACR is a global reporting solution, and typically organizations... Read More »