SAP Financial Accounting Flash Cards

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Title: SAP Financial Accounting
Description: Book 2 Notes
Number of Cards: 17
Save Count: 2
Author: courtney_nsu9
Created: 2008-09-29
Tags: fi sap tfin50
Private No

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    • Question
    • Answer
    • Side 3
    • Payment Program
    • -select open invoices to be paid or collected
      -post payment documents
      -print payment media, use data medium exchange or EDI
    • Payment Program Process
    • 1.Setting parameters: which payments to make, how, when, co. codes included etc.
      2.Generating a proposal
      3.Scheduling the payment run
      4.Printing the payment media
    • Payment Process 4 steps
    • 1. Set Parameters
      2. Generate Proposal
      3. Scheduling the payment run
      4. Printing the payment media
    • "sending company code", "paying company code"
    • if company code A is making a payment on behalf of company code B, then B is the "sending company code"/"paying company code is company code A,both companies balance by automatically creating cross-company postings
    • Payment Program Settings Catergories
    • All Co.Code
      Paying Company Codes
      Payment method/Country
      Payment Method for co.codes
      Bank Selection
      House bank
    • For ALL Company Codes, need to define:
    • -intercompany payment relationships
      -co. codes that process payments
      -cash discounts
      -tolerances days for payments
      -customer and vendor transactions to be processed
    • Paying company code/each individual company code needs to define:
    • -minimum amounts for incoming/outgoing payments
      -forms for payment advice and EDI
      -bill of exchanges specifications
    • Payment Method/Country:
    • -methods of payment (cheque, bank tfr. etc.)
      -permitted currencies
      -print programs
      -document types for posting
      -master record requirements (address etc.)—will block pmt. If doesn’t have info specified here
      -creation of cheque, bank tfr.
    • Payment Method for Co. Code:
    • -Minimum/Maximum payment amounts
      -whether payments abroad and foreign currencies allowed
      -grouping options
      -bank optimizations
      -forms of payment media—form data can specify the name of the SAPscript payment media
    • Bank Selection:
    • -Ranking order
      -Amounts
      -Accounts
      -Expenses/charges
      -Value Date
    • House Banks:
    • -each combination of house bank and payment method needs to define offset account to the sub-ledger posting, clearing accounts for bills of exchange and available funds in each bank
    • Running the Payment Program:
    • -every run identified by two fields:
      -run date—the actual date when the programs was executed
      -identification---further differentiation beyond the run date if the same between two runs-all documents entered in the “docs entered up to..” date are included in the run
    • -2 lists come from proposal:
    • -proposal list
      -exception list
      -invoice is blocked
      -invalid data in master record
      -invalid payment method
      -invalid house bank
      -payment amount is less than min. amount specified for payment
      -not enough money in the house bank
      -debit balance
    • payment block:
    • set up downstream at purchasing, could be based on approvals capability
    • payment run:
    • payment documents created, open items are cleared and the g/l and sub-ledgers are posted to
    • Print Run
    • -transfer the payment media, payment advice notes, and the payment summary to print administration
      -transfer the DME payment data to DME administration
      -Data Medium Exchange: a file is created that contains all the relevant
    • Payment Medium Workbench:
    • -in addition to provided standard payment media print programs