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Component documentation Account Management (Item Management) Locate the document in its SAP Library structure

Purpose

Account Management (FS-AM) (Item Management) is used for the following functions:

·        To enter manual postings in Account Management (FS-AM) such as goodwill postings.

·        To process internal payment transactions between accounts managed in Account Management.

·        To process automatic payment transactions to external recipients and postings to other subledgers within the same bank. An external payment transaction system used for further processing must be connected.

·        To generate manual and automatic postings to be forwarded to the general ledger.

·        To create account settlements, bank statements and balance confirmations.

Scope of Functions

Payment orders and payment items

In Account Management, payment orders and payment items are differentiated in payment transaction processing:

Payment orders are orders from internally or externally initiated payment transactions that consist of one ordering party item and one or more recipient items. For more information, see Payment Order.

Payment items are individual items that are posted on an account in Account Management. For more information, see Payment Item.

When you enter a payment order in Account Management, it is converted into the corresponding payment items during posting. The transaction type describes the business operation on which the payment item that is to be posted is based. The transaction type controls, among other things, whether the account is debited or the amount credited, and which checks the system must run during posting.

Internally initiated and externally initiated payment transactions

The internally initiated payment transaction is differentiated from the externally initiated payment transaction in the payment transactions processed by Account Management:

Payment transactions initiated internally comprise all payment orders and payment items entered and triggered in Account Management.

In this type of payment transaction, you can represent domestic and foreign payment orders entered online, standing orders and goodwill postings. Internally initiated payment transactions also include settlement postings, interest and charge postings and other internal system postings.

Payment transactions initiated externally comprise all payment orders and payment items entered and triggered outside of Account Management. These postings reach Account Management by way of the connected payment transaction system. These include, for example, bank transfers, debits, check (cheque) deposits and check debits.

This is illustrated in the following graphic:

This graphic is explained in the accompanying text

 

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