Funds Management Category 

Definition

The Funds Management category (FM category) characterizes a document item posted in Contract Accounts Receivable and Payable for updates in Funds Management.

Use

In the totals table in Contract Accounts Receivable and Payable, the FM category determines whether a totals table is updated only in Accounting or in Funds Management also. Totals records without an FM category are not relevant for FM updates. The FM category is assigned automatically by the system. The financial transactions of a commitment item in a posting determine the FM category.

FM categories in Contract Accounts Receivable and Payable (Release 4.63)

A

Invoice

B

Paid invoice

C

Clearing

D

Clearing an invoice in the previous year

R

Clearing an invoice in the following year

F

Transfer

G

Payment on account

H

Down payment

I

G/L account transfer

Transaction class

For further classification of a business transaction, each document is automatically assigned to a transaction class. The system derives the transaction class from the G/L accounts taking part. The transaction class is used for clearings or clearing resets so as to determine the affected FM category for the offsetting posting. The transaction class is saved in the header data of a document. In Contract Accounts Receivable and Payable, the following transaction classes exist:

  • Invoice
  • Payment or clearing
  • Write-off

Integration

Customer enhancement update in Funds Management

If you post clearing payments for invoices with different fiscal years in Contract Accounts Receivable and Payable, this is flagged in the line item with one of the following FM categories:

  • D
  • (Clearing an invoice in the previous year)
  • E
  • (Clearing an invoice in the following year)

By default in Funds Management, FM categories D and E are treated as "normal" (according to FM category C). If you want to have a detailed update in Funds Management, you can program an update different to the standard for FM category D by using customer enhancement SAPLFMCA . For more information, see the customer enhancement using transaction SMOD.

Example

The following example of a posting illustrates the update logic of Contract Accounts Receivable and Payable with Funds Management integration:

Example: Posting Invoices
  • Example: Payment with Clearing
  • Example: Overpayment / Underpayment
  • Example: Payment On Account / Down Payment
  • Example: Transfer