FM Contract Accounts Receivable and Payable 

Use

This business function activates the integration of Public Sector Contract Accounts Receivable and Payable (PSCD) with Funds Management (PSM-FM). The integrated use of Funds Management and Public Sector Contract Accounts Receivable and Payable enables a totals-based transfer of actual data from Contract Accounts Receivable and Payable (FI-CA) to Funds Management, and thus execution of budget planning. You can therefore not only map the areas of responsibility within your organization in a hierarchical structure, but can also control the movement of financial resources (revenues and expenditures) and the budget at your disposal.