Configuration of Intraday bank statements- cash flowsAssumption: reader has basic knowledge on memo records and planning types.Note: This document shows the configuration for SAP S/4 Hana 2020 version. You might see slightly different screens if you ...
Assumption: Reader has basic understanding of product type and workflows.We have workflows for TRM in a similar fashion as we have for SAP BCM.Standard workflows delivered by SAP are good enough to use for TRM workflows. You can set the approvals for...
Assumption: Reader has basic knowledge on Accounts payables and is aware of FBZP set up in the system.
Overview:
BCM stands for Bank Communication Management, which is a component under FSCM (Financial Supply Chain Management). BCM is responsible fo...
Multi Bank Connectivity overview:
Introduction:
This document covers overview of Multi Bank Connectivity and its integration with other sub-modules in SAP along with configuration setup required. The focus in this blog is to understand what changes...
EFT payments are common payment methods for any company. EFT stands for Electronic Fund Transfer. These are commonly used for domestic payments.
EFT files are generated by executing the Automatic Payment Program. These files are generated as .dat or...
Hi Harry,
thanks for reading my blog. Below are my comments:
You can send payment files to bank safely and securely from SAP without MBC in place.
You can definitely leverage BCM for the same
How to create ACH xml files and send to bank? Plea...
Hi Harish,
Thanks for reading my blog. Payment status management and bank statement monitor blogs are not published yet. I am still in process of writing on these 2 topics. Will publish these blogs soon. However, PSM is a very standard config in ...
Thanks for reading my blog. This is a very good question indeed. Do read by bog post on SAP MBC as well.
SAP MBC is like a middleware which will act as a swift partner whereas, SAP BCM is more of workflows and controls to make payments to bank...
