In this step, you create the commitment items for Project Cash Management. Commitment items contain the parameters which control how payment data is recorded. It is attributed by means of the item category and financial transaction. The item category differentiates the values by inventory, revenues, and expenditures. The financial transaction reproduces commercial transactions and has a central role in recording payment data. Only type 30 financial transactions are recorded in Project Cash Management.
You can create the commitment items yourself or have the system create them automatically.
For reporting and interest calculation purposes, you must then group the commitment items into value categories.
If you are using FI or TR, or plan to implement them, you should bear this in mind when defining your commitment items.
We recommend you have the system generate the commitment items, provided the prerequisites are satisfied. This method has the following advantages:
Check the attributes once they are created. The system can only maintain the commitment item attributes correctly if the information, such as G/L account attributes, is correctly maintained.
Check that the attributes are set as
follows:
| G/L account description | Financial transaction | |
| Bank accounts, cash | Financial transaction 90 | |
| Payables and receivables | Financial transaction 60 | |
| Goods receipt accounts | Financial transaction 40 | |
| Controls of all kinds | Financial transaction 30 | |
| Special ledger accounts for down payments | Financial transaction 30 | |
| Down payment request account | Financial transaction 30 | |
| Revenues and expenditures in profit accounts | Financial transaction 30 |
The following general principles apply: