Automatic Payment Process- Setting up Bank Determination for payment Transactions

  The payment method configuration, and for that matter the SAP Automatic Payment configuration cannot be said to be completed until you are able to pay with the payment method you configured. You cannot pay with a payment method unless you assign it to a House Bank and a House Bank Account. As a continuation […]

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SAP Automatic Payment Program- Configuring the Payment methods in Company Code

  Just as you cannot use a payment method in a country without the “payment method in country” settings, you cannot also use a payment method in your company code without the “payment methods in company code” settings in place. In this post we will discuss the “payment methods in company code” settings as a […]

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SAP Automatic Payment Program- Configuring the Payment methods in Country

A payment method is a means used in SAP to make payments to Vendors or in some cases Customers, for liabilities owed to them. It is represented in the system by a one character alpha-numeric key. Payment method configuration will be discussed in three series. In this post we will discuss the steps involved in […]

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Treatment of Assets under Construction in SAP – from creation to settlement

It is not always that fixed assets are acquired in their complete form, sometimes they are built progressively over a period of time. When Fixed Assets are being built over time, they are treated as assets under construction, and then they are capitalized or settled to a fixed asset (s) or other settlement objects, upon […]

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Discussion on aligning Logistic Invoice Verification Transaction document numbers in MM and FI

How many times have you wondered why the same invoice document from SAP MM, that got posted to SAP FI-AP (through a logistics invoice verification-LIV transaction), will have a document number in FI different from the one in MM?, and how much of your precious time is spent on drill downs from FI in order […]

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Control expenditures on Fixed Assets with Statistical Internal Orders and Statistical cost elements

Ordinarily, when we talk about postings to a Cost Assignment Object we use the cost element as a vehicle to do so, and when we talk about Cost Elements, we are talking about P & L items. However, you may have a business requirement to control expenditures on fixed assets (which is a balance sheet […]

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Cross Company Code Payment explained

A cross company code payment happens when a company code within the group (Paying Company Code) for some business reason, pays the open items of another company code (s) (Sending Company Code). This post discusses the configuration settings involve in Cross Company Code Payments and its pre-requisites. It also includes explanation to end users on […]

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Including a Debit item on a Vendor during Automatic Payment Program execution

I am sharing this article that I authored, it is published in Eursap.eu Debit items can be posted on a vendor by creating a down payment or posting a credit memo on the vendor. For the purpose of our demonstration we assume that the debit item is created by a down payment. The down payment […]

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Bank statement processing (Upload and deletions)

You can process bank statement either automatically (electronic bank statement)through SAP/Swift integration or manually. If bank statements are uploaded automatically by a scheduled job, all that the reconciliation accountants have to do is to post the statements by transaction FEBAN or FEBA_BANK_STATEMENT. In this post we will discuss how you upload a bank statement manually […]

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Processing Intercompany Assets Transfer Transaction end to end

A business requirement may arise making it necessary for you to move Fixed assets from one company code to another (intercompany assets transfer) or from one organization unit to another, within the same company code (intracompany transfer). The end to end process of fixed asset transfers involves configuration settings as well as user frontend activities. […]

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