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.
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.
The features of SAP FI Cash Management Incomings area are:
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.
SAP FICO Related Interview Questions
|SAP CRM Interview Questions||SAP BI Interview Questions|
|SAP SD Interview Questions||SAP MM Interview Questions|
|SAP BASIS Interview Questions||SAP ABAP Interview Questions|
|SAP FICO Interview Questions||SAP FI Interview Questions|
|SAP CO Interview Questions||Business Objects-Crystal Reports Interview Questions|
|SAP Workflow Interview Questions||SAP Testing Interview Questions|
|Sap Abap Hr Interview Questions||SAP ABAP ALV Reports Interview Questions|
All rights reserved © 2020 Wisdom IT Services India Pvt. Ltd
Wisdomjobs.com is one of the best job search sites in India.