Contract Accounts Receivable and Payable 

Technical Data

Technical name of the business function	FICAX
Type of business function	Industry Business Function
Available as of	SAP ERP 6.0
ECC software component	SAP_APPL 600 FI-CA 6.00 FI-CAX 6.00
ECC application component	Industry Component Contract Accounts Receivable and Payable (FI-CAX)
Business Intelligence content	As of SAP NetWeaver 7.0 BI Content Add-On 3
SAP Enterprise Services	Not relevant
JAVA software component	Not relevant
Portal content	Not relevant
Additional content available in other SAP applications	Not relevant
Business function requiring activation in addition	Not relevant

 

Use

This business function provides, in the form of Contract Accounts Receivable and Payable, subledger accounting that is able to process large numbers of documents while encompassing the typical functions of accounts receivable accounting.

Features

The functions that you can use with the business function Contract Accounts Receivable and Payable (FICAX) are listed below.

For master data maintenance, you can use the functions of the following components:

●      SAP Business Partner

●      Contract Account

To create and process receivables and payables, you can use the functions of the following components:

●      Postings and Documents

●      Tax Postings

●      Open Item Management

●      Account Balance Display

●      Customer Contact

●      Conditional Processing Locks

●      Requests

To create and issue correspondence, you can use the functions of the components Correspondence and Print Workbench.

When processing business transactions, you can use the functions of the following components:

●      Debit Entries and Credit Memos

●      Security Deposits

●      Payments

●      Interest Calculation

●      Dunning

●      Returns

●      Deferrals and Installment Plans

●      Write-Offs

●      Submission of Receivables to Collection Agencies

●      Transfer of Open Business Partner Items

●      Deferred Revenue Postings

●      Revenue Distribution

You can also use reporting functions of the Information System.

To manage mass runs, you can use Job Control.

The business function Contract Accounts Receivable and Payable is integrated with General Ledger Accounting (FI-GL), Controlling, Cash Management, SAP Credit Management, SAP Biller Direct, SAP Dispute Management and Funds Management.

You can also use numerous functions for preparing closing (month, quarter, year).