This transaction can be
used to record cheques received, print deposit slips and makes appropriate
postings to the GL (Bank clearing accounts and AR customer accounts.
Configuration is partially shared with the bank statement
load.
Cheques cashed (manual
entry or automatic entry upload)
This program updates the
payment documents with cashed information and makes appropriate GL postings for
cash flow forecasting.
Bank Statement Load
(manual entry or automatic entry upload)
This transaction or
program reconciles the bank statement with the incomings and outgoings that have
been entered via the payment program, cheque deposit or manual transactions
entered.
This transaction can
provide a view of all Bank and financial (loan etc) accounts, customer and
vendor expected incomings and outgoings, as well as commitments (purchase
orders) and possible sales. Memo items can be added to complete the picture.
These can all be classified by degree of certainty of payment date and you could
configure the option to 'distribute' amounts over time periods for 'uncertain'
groupings.
This is actually surprising easy
to implement once you understand how it works. Surprise your client - or at
least the treasurer - and deliver more than expected. The design and
configuration is best done when you first set up your customer, vendor and GL
accounts anyway so that the appropriate settings are made - no
rework.
Before you implement any of the above, you need to have an
understanding of the terminology and the GL accounts that the SAP TR module
expects in this area, and how they are meant to work
together.
