Component documentationTransaction Manager

 

The Transaction Manager helps you in the following ways:

  • It helps you manage your financial transactions and positions. This covers not only trading and processing of financial transactions, but also payment and posting in Financial Accounting.

  • It helps you utilize existing potential for rationalization and enables you to automate typical processes.

  • It provides flexible reporting and evaluation structures for analyzing your financial transactions, positions, and portfolios.

  • With the integration to Treasury and Risk Management, it enables you to measure directly the effects of financial transactions on liquidity or interest rate risks.

The Transaction Manager can be used in companies and asset management areas as well as in traditional Treasury departments.

Note Note

Business-to-Business (B2B)

The financial transactions portrayed in the Transaction Manager are B2B transactions between your company and banks, financial institutions, brokers, or similar institutions. Likewise, the master data required for the processes in the Transaction Manager relate to companies and financial institutions. Consequently, the simplified locking and deletion of personal data in Transaction Manager using SAP Information Lifecycle Management (SAP ILM) is not available.

If you use the Transaction Manager to portray financial transactions with natural persons, for example, or your usage of the Transaction Manager involves natural persons in other ways, you need to deploy separate supplementary technical and organizational measures to ensure that you respect the deadlines governing the storage and deletion of personal data.

The Transaction Manager does, of course, offer archiving functions:

End of the note.

Implementation Considerations

  • To be able to use SAP Treasury and Risk Management, you first need to activate the Enterprise Extension EA-FS Financial Services. You do this in the Customizing activity Activate Business Functions (transaction SFW5).

    See also: SAP Library under Start of the navigation path Business Function (SAP enhancement package 5 for SAP ERP 6.0) Next navigation step Enterprise Extensions: Business Functions Next navigation step Financial Services End of the navigation path

  • Further, in the area of SAP Treasury and Risk Management, there are some enterprise business functions that you can use only after you have activated the relevant enterprise business function in the Customizing activity Activate Business Functions (transaction SFW5).

    See also: SAP Library under Start of the navigation path Business Function Next navigation step Business Function for SAP ERP Next navigation step Accounting Next navigation step Financial Supply Chain Management Next navigation step SAP Treasury and Risk Management End of the navigation path (SAP Treasury and Risk Management).

  • You make the settings for the SAP Business Partner in Customizing for Treasury and Risk Management under Start of the navigation path Basic Functions Next navigation step SAP Business Partner for Financial Services End of the navigation path.

  • You make the settings for the market data in Customizing for Treasury and Risk Management under Start of the navigation path Basic Functions Next navigation step Market Data Management End of the navigation path.

  • To use the Transaction Manager functions, make the required settings in Customizing for Treasury and Risk Management under Transaction Manager.

  • If you upgrade from Release Enterprise 1.10 or lower, you need to migrate your dataset due to a change to the data model. You can perform the upgrade using transaction TPM_MIGRATION. See the documentation for the transaction, SAP Note 706952Information published on SAP site, and the migration guide on SAP Service Marketplace. To access the migration guide on SAP Service Marketplace, navigate as follows: Start of the navigation path Products Next navigation step SAP ERP Next navigation step SAP ERP Financials Next navigation step Treasury Applications from SAP Next navigation step Treasury and Risk Management Next navigation step Media Library End of the navigation path. Here, you find the Migration Guide document under File Type “Other”.

  • There are a number of functions that allow you to transfer your legacy data from feeder systems.

    See also: Legacy Data Transfer

Integration

  • The Transaction Manager is a component of Treasury and Risk Management (TRM).

  • It is connected to Financial Accounting.

  • The Transaction Manager uses the SAP business partner in the roles Issuer, Depository Bank, and Counterparty.

  • There is a connection between the conditions of the financial transactions and financial mathematics.

  • You can use the integration with SAP Public Sector Management (PSM).

  • There is a connection to SAP In-House Cash, which you can use.

Features

Straight-Through Processing

The Transaction Manager deploys the straight-through processing (STP) principle from the entry of the different transaction types through to their transfer to Accounting. For this purpose, the front-end area has been continuously enhanced, while functions and basic structures have been standardized for financial transactions (Money Market, Foreign Exchange, Derivatives, Commodities, Securities, Debt Management, Trade Finance) in the areas of correspondence, payment processing, accounting, and valuation procedures.

The Transaction and Position Management Process

You can configure the transaction and position management processes flexibly for each product type. You do this using rationalization. At the same time, you can increase process security by implementing organizational requirements. The dual control principle, for example, is used as an important security measure for controlling releases.

You can use different criteria to split and manage positions that you have in parallel valuation areas as well as valuate them using different accounting principles. Furthermore, positions form the basis for performance and benchmark analyses in the Portfolio Analyzer. The Accounting Analyzer offers you the following option:

Trading

You can map financial transactions and exercise rights in the "Trading" area. The following functions are available:

  • Entering and evaluating offers (competitive bids)

  • Fast entry for the most common transactions

  • Order limit checks

  • Date checks

  • Expiration and barrier checks for options

  • Price calculators (for example, cross rate, option price, and NPV calculators)

See also: Trading

Back Office

You have the following options in the Back Office area:

  • Managing account assignment information

  • Creating payment details

  • Correspondence functions (for example, automatic confirmations and counterconfirmations)

    The Transaction Manager offers you two correspondence functions:

  • Securities account transfers and processing corporate actions for your positions

See also:Back Office

If you have financial transactions that are relevant for clearing, you can use the functions for the Central Clearing Monitor.

Accounting

You can use the following functions in Accounting:

  • Managing your positions in parallel (for example, according to the German Commercial Code and US GAAP)

  • Automatic posting functions for transferring data to Financial Accounting

  • Updating the general ledger in real time

  • Flexible functions for processing payment transactions

  • Valuation procedures and accrual/deferral procedures

  • Complete documentation of business transactions

Authorization Concept and Release

You can use the authorization concept to separate your trading, back office, and accounting tasks. You assign user authorizations to the individual activities in the transaction and position management process and assign authorization profiles to each employee according to his or her organizational area. You use the authorization concept to define releases. The financial transaction can be checked, for example, by one or more employees before being transferred to accounting.

See also: Release Workflows in Treasury and Risk Management

Roles

The roles represent the different functions and positions of your employees according to the specific organizational structure of your company. The system provides roles with which you can define user menus for employees. You can base your role definition and menu structure on the standard roles that are provided in the Transaction Manager.

For more information, see Roles in Treasury and Risk Management.

Master Data
Central Functions

The following central functions and tools are important in the Transaction Manager:

  • Status-controlled transaction processing

  • Real-time reporting

  • Cross-application functions of the Information System provide you with a comprehensive overview of your business relationships. The use of standard organizational elements and their integration in the Transaction Manager allows you to portray them in other SAP applications.

Market Data Entry

The SAP real-time datafeed is a universal, open interface that can be used to import data from any information provider or datafeed platform.

You can also import current and historical market data later using a file interface. In addition, you can transfer the market data from a spreadsheet or enter it manually.

The Market Data Management functions are available across Treasury and Risk Managements. You can find functions for Market Data Management on the SAP Easy Access screen by choosing Treasury and Risk Management → Basic Functions.

See also: Market Data Management

The "Open System"

Standardized interfaces (Business Application Programming Interfaces (BAPIs)) turn SAP applications into open systems. These interfaces allow the consistent exchange of data across system boundaries. The Transaction Manager provides you with BAPIs for creating, changing, displaying, reversing, and counterconfirming financial transactions.

See also: BAPIs for the Transaction Manager

Information System

The efficient information and reporting system within the Transaction Manager provides you with the following functions:

  • Central access to information

  • Direct and restricted data selection

  • Various evaluation options

  • Linking reports

  • Structuring and defining the data hierarchy

  • Hierarchical arrangement of the report structure

  • Clear presentation of information

  • Evaluation and presentation of results in graphical form

  • Drilldown navigation for viewing detailed information

  • Aggregated view of the total commitment of a business partner

  • Reproduce the history of financial transactions, payment flows, and activities in Financial Accounting

  • Deadline monitoring of financial transactions

  • Transfer of results to PC applications

  • Support in fulfilling legal reporting requirements:

More Information