Introduction SAP offers a powerful solution for electronic bank statement processing. This solution includes three main components: In this blog post, I’ll focus on the use of BADI FIEB_CHANGE_BS_DATA. This BADI is triggered during interpretation of bank statement. It is called both – during upload and initial processing of bank statement as well as during […]
Introduction: Sensitive Data Fields provide a dual control function in SAP to provide more security when changes are made in Business Partner Master Data records. After activating the Sensitive Data Fields functionality, changes done by one user and have to be confirmed by another user (authorized person), thereby facilitating strong control over unauthorized modification. Changes […]
SAP Flexible Real Estate management (RE-FX) has provided so many out of the box functionalities which continue to facilitate Real Estate companies to automate their business processes, provide real-time reporting of Real Estate portfolio and integrate posting from RE-FX to accounting (FI/CO). Linearization of operating leasing income over the entire duration of the lease out […]
It integrates with other areas within SAP S/4HANA such as In- House Bank, In-House Cash, Cash Management, Bank Communication Management, Bank Account Management and General Ledger.
With the latest major release 3.0 of SAP S/4HANA Cloud for advanced financial closing (AFC) on January 19th, 2023, the new feature System for Cross-domain Identity Management (SCIM V2) was introduced. Background of this feature In previous releases of SAP S/4HANA Cloud for advanced financial closing (AFC), it was only possible to introduce users and […]
Introduction Direct debit is a financial transaction, where the company sends the instruction to the bank to collect the payment directly from the debtor’s bank account. Properly implemented direct debit simplifies the debt collection for the company. This process is well described / documented. But as a rule, the documentation covers the regular process i.e., […]
It’s time to present the next Remote Function Adapters (RFA) delivered by SAP Profitability and Performance Management (PaPM), namely the RFA Finance Accounts Payable (RFA FI-AP) and RFA Finance Accounts Receivable (RFA FI-AR). These RFAs, along with other functions provided by PaPM, such as allocations, calculations, joins, can facilitate various business processes of calculating values […]
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 post helps you understand the individual functionalities and solutions regarding Brazilian Instant Payments in SAP S/4 HANA Cloud. This blog is […]
In SAP, things are continuously changing and becoming more compatible with real-time scenarios. One of the changes is parallel currency; their business can use multiple currencies for company codes. The parallel currency functionality can assist multi-national corporations in recording their financial transaction and producing financial reports in several currencies. Introduction The blog approaches the real-time […]
Introduction: The payment run process is an accounts payable process that is used to handle payments to vendors. The process is called an automatic payment program. The automatic Payment Program (F110) is used to clear the open invoices and post the payments against the invoices. F110 is the standard t-code or Manage Automatic Payment Application […]
