![ Invoice and Credit memo entry.
Creating Documents in foreign currency.
Incoming payments posting.
Posting payment differences.
Lockbox Payments.
Clearing Documents.
Clearing Process.
Accounts Recievable info system[Reporting].
Sales Organisations.
Distribution Chains.
Divisions.
Sales Areas.
Sales Process.
Dunning.
Correspondence.
Closing Operations.](https://image.slidesharecdn.com/accountsreceivableinsap-160415174037/85/Accounts-receivable-in-sap-13-320.jpg)
![PARTIAL PAYMENT RESIDUAL ITEM
Item being short paid
does not clear.
New open item in the
ammount of payment is
created on Credit side.
This credit entry shows
up right above the open
item being paid and it
references the open item
being short paid.
Open Invoice is cleared
and a new open item
[residual item] is
created in the
ammount of the
difference with
reference to original
invoice if selected.](https://image.slidesharecdn.com/accountsreceivableinsap-160415174037/85/Accounts-receivable-in-sap-17-320.jpg)
![Enables to carry out quick analysis of
Important accounting data such as:
Due date breakdown.
Customer payment history.
Currency risks for customers abroad.
Overdue items.
No of days[DSO-DAYS SALES OUTSTANDING]
that a customer takes on average to pay an
Invoice.
Customers cash discount hisory[days
agreed/days taken]](https://image.slidesharecdn.com/accountsreceivableinsap-160415174037/85/Accounts-receivable-in-sap-22-320.jpg)
Accounts receivable in sap
- 1. HOW TO MAINTAIN CUSTOMER ACCOUNTS IN SAP FINANCIALS ? ACCOUNTS RECEIVABLE IN SAP
- 4. Mater data is information that remains unchanged over a relatively long period of time such as vendor /business partner data ACTIVITIES IN MASTER DATA: Creating Customer List. Maintaining Customer Master Record. Tracking changes to Customer Record. Displaying changes to Multiple Accounts. Creating a new customer in a company code.
- 5. Although most transactions with customers are entered in SAP Sales & Distribution Module,Invoices can also be entered in accounting.These invoices are typically misselaneous and do not pertain to a sales order. Creating an invoice. Creating invoice by using complex screen. Posting incoming payment manually. Checking Customer Account.
- 6. Creating Credit Memo. Using Accounts Receivable information. Processing Customer Report. Analysing Customer Account.
- 7. Customer Accounts consists of two areas : General Data Company Code Segments
- 8. GENERAL DATA COMPANY CODE SEGMENTS Customer Account is defined for all at client level. General data consists of details like cutomer address. General data applies for all company codes that do Business with customer. Postings cannot be made to Customer A/C for a Company Code until Company Code specific settings have been created. Company Code segment contains information that pertains to just one company code,such as agreed terms of payment.
- 10. Account groups define layout of all parts of the Customer Master Record. Customer Accounts are stored in various Account Groups so that they can be organised and managed more easily. The Accounts in an A/C Group usually have similar characterstics. Eg:Separate A/C group for domestic customers,abroad customers,affliated customers,1 time customers etc..
- 11. INTERNAL NUMBER RANGE EXTERNAL NUMBER RANGE 1-System assigns a customer number 1-Customer number is entered From the number range assigned Manually when Creating the to the Account Group when the Customer. New Customer Master Record is Created. 2-Customer number is not entered 2-The number can be when creating the customer. Alphanumeric ,if the number range Allows for that.
- 13. Invoice and Credit memo entry. Creating Documents in foreign currency. Incoming payments posting. Posting payment differences. Lockbox Payments. Clearing Documents. Clearing Process. Accounts Recievable info system[Reporting]. Sales Organisations. Distribution Chains. Divisions. Sales Areas. Sales Process. Dunning. Correspondence. Closing Operations.
- 14. Invoice and credit memos reach Accounts Recievable via Integration with Sales Order Mgmt.
- 15. For Transactions relating to abroad Foreign currency ammount is translated into local currency using defined exchange rates.
- 17. PARTIAL PAYMENT RESIDUAL ITEM Item being short paid does not clear. New open item in the ammount of payment is created on Credit side. This credit entry shows up right above the open item being paid and it references the open item being short paid. Open Invoice is cleared and a new open item [residual item] is created in the ammount of the difference with reference to original invoice if selected.
- 20. Consists of: Document header info. Line items that have been matched. Line items created by system to clear open items. Automatically generated line items such as tax adjustments and so on. System automatially records the clearing date and document number in open items within clearing transactions.
- 21. AUTOMATIC CLEARING MANUAL CLEARING Enables clearing of several line itemsin different types of accounts such as General Ledger,Vendor,Custom er within one single process. Generally automatic clearing programme is not used to clear invoices. Manual clearing performs this function or customer collecting programmes can be used according to each country’s specific commercial/banking practices.
- 22. Enables to carry out quick analysis of Important accounting data such as: Due date breakdown. Customer payment history. Currency risks for customers abroad. Overdue items. No of days[DSO-DAYS SALES OUTSTANDING] that a customer takes on average to pay an Invoice. Customers cash discount hisory[days agreed/days taken]
- 24. Responsible for Sales n SAP ERP. Company code can be linked to several sales organisations.
- 25. Selling goods from the Plant.
- 26. Typically represent key product line of organisation. Assigned to Distribution chain from which they can be sold.
- 31. SAP-Tool which automatically analysis open items and duns any items that are overdue.
- 37. Communication with customers
- 38. After posting periods of old fiscal years are blocked and special periods of closing entries are opened: Balnce confirmations are sent and evaluated. Foreign currency documents are valuated. Value adjustments are carried out for overdue receivables. Accounts Receivable are classified into short and long term categories for Financial Statements. THE SPECIAL PERIODS ARE THEN CLOSED
- 39. Run for Balance-sheet Accounts. Run at start of new fiscal year. Ensures that the balance on customer accounts is carried forward to new fiscal year.The posting periods of old fiscal year are then blocked and special periods for closing entries opened.