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Function documentationExecuting Combined Settlements - Compensation

 

For a combined settlement for the Compensation feature, the system selects all due master contracts and calculates their interest and charges for a given period on the basis of the condition rules. Then the system posts the combined settlement results to the respective reference account, displays the results, and updates the time period.

Integration

The Execute Combined Settlement is used by the compensation and bundle pricing calculation processes. Depending on which of the two features is active in the product of the selected master contract, the system settles it either by means of compensation (interest and charges) or bundle pricing calculation (charges). For more information about the process flow of the function with the Bundle Pricing Calculation feature, see Executing Combined Settlements - Bundle Pricing Calculation.

You can undo (reverse) one or more executed combined settlements.

  • To reverse one single combined settlement, on the SAP Easy Access screen choose Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Reverse Combined Settlement End of the navigation path.

  • To reverse multiple combined settlements, on the SAP Easy Access screen, choose Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Periodic Tasks Next navigation step Reverse Combined Settlement - Mass Run End of the navigation path.

For more information about reversal, see the report documentation in the system by choosing [Program Documentation (Program Documentation).

Prerequisites

Before you can execute an update run, you must carry out a posting cut-off The posting date for payment transactions must be after the selection date and the posting date for end-of-day processing must be set.

You have carried out the steps for the compensation process described in the "Process Flow" section.

Features

By means of selection parameters that the report evaluates, you can restrict the selection of master contracts to individual bank posting areas or products. Using the master contract number you can restrict the selection to individual master contracts.

Activities

  1. Start the report

    You can execute the Execute Combined Settlement report either as a single run or a mass run.

    1. Using report Execute Combined Settlement - Mass Run you can execute combined settlements for master contracts that meet the selection criteria and the - according to their time periods - are due, in a mass run.

      This report is either started automatically by the system during end-of-day processing or by an external job management. You can also start the report on the SAP Easy Access screen. Choose Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Periodic Tasks Next navigation step Execute Combined Settlement - Mass Run End of the navigation path.

    2. Using report Execute Combined Settlement you can execute a combined settlement for a master contract on a given settlement date, meaning also outside of the regular time periods. You start this report from the SAP Easy Access screen under Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Execute Combined Settlement End of the navigation path.

    For more information about inclusion in end-of-day processing, details about the return values, the application log, and connecting the Postprocessing Office (FS-MCM-PPO), see the report documentation in the system by choosing Program Documentation (Program Documentation).

  2. Select due master contracts

    1. For a mass run the system selects all master contracts whose combined settlement date is due on the execution date. This date can be periodic settlement dates or extraordinary or manual settlement dates.

    2. For a single run of Execute Combined Settlement the system selects the one master contract you wish to settle on the specified settlement date.

      Note Note

      To display the dates for the combined settlement of a master contract that affect its next execution date, on the SAP Easy Access screen choose Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Edit Combined Settlement Dates End of the navigation path. You can also use the report to create, change, and delete dates for extraordinary and manual combined settlements. For more information, see the report documentation in the system.

      End of the note.

  3. Determine attributes of the participant accounts

    The system determines the attributes of all participant accounts belonging to a due master contract in the account-managing system.

    • Balances

    • Counters

    • Information items

    • Settlement results of the participant accounts

    • Limits

    • Conditions of the participant accounts (if set accordingly in the master contract)

  4. Determine conditions of the master contracts

    The system determines the conditions and all corresponding rules for all due master contracts for charges and interest.

  5. Calculate combined settlement charges and interest

    The system calculates the charges and interest on the basis of the attributes and conditions.

  6. Execute prior period adjustment

    The system adjusts the prior periods (Value Dates in the Past or Backdated Changes).

  7. Post charges and interest

    For every settled master contract the system posts the charges to the account specified by you as payment details (see Specifying Payment Details in the "Process Flow" section under Compensation).

  8. Update time periods

    The system calculates the next due date for every master contract settled and updates the time periods.

  9. Display results

    After a mass run the system generates a log that you can have a look at. On the SAP Easy Access screen choose Start of the navigation path Master Contract Management Next navigation step Combined Settlement Next navigation step Logs Next navigation step Application Log - Execute Combined Settlement End of the navigation path.

    After a single run the system displays the results of the combined settlement.

    Note Note

    To display the combined settlement results of a master contract executed during a certain period, on the SAP Easy Access screen choose Start of the navigation path Master Contract ManagementCombined Settlement Next navigation step Display Combined Settlement End of the navigation path and start the Display Combined Settlement report. For more information, see the report documentation in the system.

    End of the note.
Process Flow

The following graphic illustrates the process flow of the Execute Combined Settlement - Compensation function.