SAP Bank Communication Management

The Payment Medium Workbench (PMW) is a tool used to configure and create payment media sent by organizations to their house banks.  These payment files, popularly called DME files, are replacing traditional SAP programs for generating electronic... Read More »

Introduction:- Account modifier is important functionality given by SAP for EBS. It helps to map different GLs for the single external business transaction and posting rule. In this scenario, NCMI is the BTC(GBO Code) for incoming receipt. Client... 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 »

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 »

In recent months we have received several requests for support with setting up reason codes for communication with external entities, such as banks. We realize that this is still an issue for our customers. So, we decided why not describe the... Read More »

Seamless Payments of the Future Finance leaders are constantly challenged in running enterprise-wide payment processes. They need to increase overall transparency, reduce the risk of fraud, and increase operational efficiency. Multiple payment... Read More »

This blog post provides information on the differences between the basic scope for Cash and Liquidity Management and the full scope for SAP S/4HANA Finance for cash management, in terms of functionality and availability of Fiori apps. The content of... Read More »

Background Central payments functionality is available in Central Finance 1909 version onward. In this blog, we can see how Central payment functionality can be done, without Central Finance SAP landscape. In this blog, we can see two different SAP... Read More »

Contents Introduction Payment Run for Payment Requests Conclusion Useful links   Introduction You use the Free Form Payments apps to process free form payment requests. Process Free form Payment has option to create Payment request :... Read More »

There have been many enhancements in the Treasury area in SAP over the past years, both in terms of new functionality and in SAP Fiori user experience. The purpose of this blog post is to provide headlines of the solutions in this area and several... Read More »