Business transactions carried out during the project run result in costs affecting expenditures and revenues in the project, along with payments in and out. You must plan and monitor payments so that you can identify when payments occur as part of project processing. This is the only way to ensure that the required cash is available when needed and ensure the best possible payment flow.

The system uses Project Cash Management to record payment data from business transactions assigned to projects in Financial Accounting (FI).

If you use Materials Management (MM), Project Cash Management records the commitment values arising from purchase requisitions and purchase orders.

If you use the SD application component, the payment data from customer inquiries, customer quotations, and sales orders can be recorded automatically in the project.