SAP FI Cash Management - SAP FICO

How Cash Management field is used in SAP FI?

To effectively and efficiently manage the cash flows and ensure sufficient liquidity for the payment obligations, the Cash Management Field is used in SAP FI.

How Cash Management is integrated with other SAP components?

SAP FI Cash Management is a sub-component of Financial Supply Chain Management. It can be integrated with a range of other SAP components.

Example – For instance, the liquidity forecast – in a medium- to long-term liquidity trend – integrates expected incoming and outgoing payments in financial accounting, purchase, and sales.

What are the features of Cash Management in SAP FI?

The features of SAP FI Cash Management Incomings area are:

  • Electronic and manual bank statements
  • Electronic and manual check deposits
  • Bill of exchange presentation
  • Memo record
  • Polling
  • Payments
  • Lockbox

Compare payment advices, "Interest calculation "and "Returned vendor checks" are dealt with the Checks topic.

Cash concentration can be found in the Planning topic. Planning also deals with the "payment program", "payment requests", "bill of exchange presentation", "memo record "and "telephone list".

“Distribution” to the cash management system is covered by Tools topic.

The Information System topic deals among other things with the "Liquidity forecast."

Other topics apart from these include Payment advice journal, Compare and check, Reconciliation with the cash management.

The environmental functions include transferring market data to the SAP system. This can be done using file interface, real-time data feed or through a spreadsheet.

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