Table of Contents SAP BCM Implementation What is SAP BCM BCM stands for Bank Communication Management. It is a component under FSCM (Financial Supply Chain Management) that is responsible for communication with a bank in terms of payments sent, acknowledgments received, and approval workflows before payments are sent to the bank. BCM is responsible for […]
Table of Contents SAP Query Purpose SAP Query enables data from multiple tables to be extracted in one report, provided at least one field from one table can be linked to another table There are two methods of creating query in SAP SAP Quick Viewer: Query created by this method is user specific –i.e. the
Table of Contents SAP Bank Account Management In SAP S4/HANA Finance House banks are merged into Bank Account Management (BAM) in SAP Cash Management powered by SAP S4/HANA Bank Account Management is provided in 2 versions. Bank Account Management lite (BAM) Bank Account Management Full version ` SAP Bank Account Management Lite Bank Account Management lite
Table of Contents Foreign Currency Valuation Foreign Currency Valuation in SAP FASB 52: is issued by US accounting standard board. It provides guidance on financial reporting of companies operating in foreign countries Functional Currency: Currency of the economic environment in which the entity operates. In case of SAP functional currency is generally company code /
Table of Contents Substitution in SAP What is the substitution The substitution function can be used to substitute a value to some fields which is included in line item table BSEG or header table BKPF. And the substitutions are valid for both the manual entry of documents and the automatic created entry of documents (for example, payment program). You can define
Table of Contents Validation in Accounting document Validations are custom rules to check that FI data entered is correct Validations are defined at company code level Validations can be set at Document header level, Line item level and whole document level. Only one validation per company code can be defined at a call up point.
Table of Contents Introduction iDoc is used by companies running on SAP ERP to exchange data with other companies who could be their vendors, customers, banks, Non SAP application processing company data and than feeding it into it’s SAP ERP. An iDoc is a contained which stires information. It is made up of segments. Each
Table of Contents Introduction In this article we will discuss in detail, iDoc functionality, it’s uses, it configuration in SAP, iDoc customizing etc. Some of the key topics covered will be : Configure inbound iDoc in SAP Apply derivations to inbound iDocs Understand content of inbound iDocs Create extended iDocs in SAP Error handling of
Table of Contents SAP Cash Application using Machine Learning Machine learning helps finance and risk teams increase automation and handle exceptions, streamlining business processes and reducing manual errors. As opposed to rules configured in tables — which are often never revisited, even when the business environment changes — machine learning means just that: the system
Table of Contents Introduction In this tutorial we will discuss in detail, iDoc functionality, it’s uses, it configuration in SAP, iDoc customizing etc. Some of the key topics covered will be : Configure outbound iDoc in SAP Apply filters to outbound iDoc Understand contents of outbound iDoc in SAP Configure inbound iDoc in SAP Apply