Entering content frame!--a11y-->

Component documentation Collection and Disbursement 

Use

Collection and Disbursement (PSCD) is the industry-specific solution of Contract Accounting for the Public Sector. For historical reasons this solution is also called Public Sector Contract Accounting. It enables you to manage taxes, charges and state benefits from/for business partners and/or citizens, students and taxpayers. To do this, the business partners (citizen, student or taxpayer), their accounts (citizen accounts, student accounts or tax accounts) and contract objects (objects for taxes and state benefits) including the related business transactions are managed in Contract Accounts Receivable and Payable.

Note

In the following, the term business partner is used to represent citizens, students or taxpayers.

Master data management for Contract Accounts Receivable and Payable makes it possible to link together business partners, contract accounts and contract objects in all possible combinations. At contract object level, you can create a direct representation of individual receivables or commitments in the system.

Contract Accounts Receivable and Payable, in the sense of customer accounting, is set up to allow the demand and processing of mass data and is administrated as an independent subledger, separate from the general ledger in the Financial Accounting component. System performance is improved by using Contract Accounts Receivable and Payable because the mass processing of individual documents is managed in Contract Accounts Receivable and Payable and the runtime-intensive exchange of update-relevant data as totals records on one side and offline on the other side is not executed online but at given points in time (overnight, for example). In addition to Financial Accounting, integration between other R/3 components such as Funds Management (PSM-FM), Controlling (CO) and Sales and Distribution (SD) also occurs.

Overview of Public Sector Contract Accounting PSCD

This graphic is explained in the accompanying text

Implementation Considerations

Public Sector Contract Accounting is an enhancement of the standard R/3 system and can have integrated relationships with other components of the R/3 system. The components that are integrated depend on the specific requirements of your organization. The basic requirement for using Public Sector Contract Accounting is integration with the General Ledger Accounting (FI-GL) component.

Contract Accounts Receivable and Payable provides the basic functions that are used by sectors with a high turnover of documents. There are also additional industry-specific functions that suit the requirements of a particular sector, for example Public Services. To use one of these application areas (sectors), activate the Contract Accounts Receivable and Payable intended for your industry. You do this in Customizing under, Financial Accounting ® Contract Accounts Receivable and Payable ® Basic Functions ® Application Area.

Features

The following is an overview of functions specific to Public Sector Contract Accounting. For detailed descriptions of functions, see the corresponding chapter on Contract Accounts Receivable and Payable (follow the path mentioned above).

Master Data Administration

In addition to the master data maintenance of business partners and contract accounts, you can also use the master data object contract object in Public Sector Contract Accounting. Contract objects are used as the basis for any correspondence regarding taxes, charges and state benefits between a public sector organization and a business partner.

For more information on this, see Contract Accounts Receivable and Payable ® Basic Functions ® Contract Object.

Maintaining Inbound Correspondence

You can use contract objects to control the obligation of a business partner to submit Inbound Correspondence. This obligation can be set up individually for each business partner. You can perform mass or single processing runs to select overdue inbound correspondence overdue and execute a correspondence dunning run.

For more information, see Contract Accounts Receivable and Payable ® Business Transactions ® Inbound Correspondence.

Invoicing

Open items that are not regulated by payment processing in the payment program can be selected in a mass processing run. These open items are issued as invoices to the relevant business partners.

For more information, see Contract Accounts Receivable and Payable ® Business Transactions ® Invoicing.

Funds Management Integration (PSM-FM)

Starting from release 4.71, you can integrate Public Sector Contract Accounting with Funds Management (PSM-FM).

For more information, see Contract Accounts Receivable and Payable ® Integration ® Integration with Funds Management (PSM-FM).

 

 

 

 

Leaving content frame