Goals

  • Course participants learn the functions of cash management and the short and medium-term liquidity monitoring.
  • Long-term financial budgeting is not covered in this course.
  • Learn how to use Customizing to adapt the system to meet your company- specific requirements.

Audience

  • Project team
  • Consultants

Prerequisites

Essential

  • Practical knowledge of SAP Financial Accounting

Recommended

  • AC010 Business Processes in Financial Accounting
  • Experience with the SAP system (application and Customizing

Course based on software release

  • SAP ERP 6.0 Enhancement Package 7

Content

  • Short-term financial budgeting – daily financial status (calculation of daily balances based on value dates)
  • Manual memo records
  • Manual check deposit (design entry screens, create posting rules)
  • Electronic and manual bank statement (application and Customizing; company-specific posting rules and account determination)
  • Medium-term financial budgeting – liquidity forecast (projection of cash flows, taking account of payment history; integration with logistics data and financial transactions)
  • Account clearing