Media, Contract Accounts Receivable and Payable (SAP Library - Business Functions (SAP Enhancement Package 5 for SAP ERP 6.0))

Media, Contract Accounts Receivable and Payable

Technical Data

Technical Name of Business Function	MED_CA_1
Type of Business Function	Industry Business Function
Available As Of	SAP Enhancement Package 2 for SAP ERP 6.0
Technical Usage	Media
Application Component	SAP Media – Contract Accounts Receivable and Payable (IS-M-CA)
Directly Dependent Business Function Requiring Activation in Addition	Not relevant

You can use this business function to implement the following functions in Contract Accounts Receivable and Payable:

● Collections Management

○ Collections Management allows you to dun for receivables using flexible collection strategies that can be tailored to the individual customer. This reduces the days sales outstanding (DSO), the processing time for collection activities, and the number of write-offs.

○ By creating an installment plan, you can update the creditworthiness of a business partner, thereby having the partner's payment behavior directly reflected in his credit standing.

○ You can store promises to pay entered into by your customers for due or overdue receivables as part of outbound collection directly in the system.

○ Payment processing

In the interest of improving customer service, you can integrate external cash desks with Contract Accounts Receivable and Payable, thereby making it easier for your end customers to pay their invoices.

If payments on account were assigned incorrectly, you can repost the amounts to the clarification account, which simplifies clarification processing for the payment lot and reduces processing time in clarification.

The payment run recognizes any direct debit limits you agreed on with your customers.

● External interfaces

Information containers, which you can use to send data from Contract Accounts Receivable and Payable to external systems, simplify data transfers in distributed system landscapes.

● Integration

Enhanced data extraction in the areas of business partner items and dunning histories assist you even more in your Business-Intelligence-based decision-making.

More information, such as the last payment made by the customer, is available in theSAP CRM Financial Customer Care Interaction Center, providing you in CRM, as well, with a central overview of your customers.

● As part of this improved transparency, you can also use balances variants in the account balance display.

Integration

The functions available with this business function can be enhanced with SAP CRM release 5.2 SP01 and SAP NetWeaver 7.0 BI Content Add-On 3 SP 06.

Prerequisites

You have installed the following components as of the version mentioned:

Type of Component	Component
Software Component	IS-M 602
Software Component	FI-CA 602
Software Component	SAP-APPL 602
Software Component	EA-APPL 602

For further information on the Customizing settings for this business function, see the release notes.

Features

● In addition to the totals already available in account balance display, you can now also define balance variants in Customizing.

● You can extract business partner items and dunning histories to SAP NetWeaver - Business Intelligence (XI) using a delta update function.

● Collections Management contains functions that allow you to perform dunning and define groupings for dunning according to criteria of your choice. You can create, manage, and process collection work items. You can divide these work items into worklists, manage these worklists, and generate a collection history.

● You can use Enterprise Services to connect external cash desks for payment processing.

● The information container is a tool that enables you to save information within a certain process, for example returns processing, and later, to send this information to external systems using a mass activity.

● You can define a creditworthiness value for each installment plan category. This value is assigned to the corresponding business partner.

● You can display additional information on a customer, such as their last payment, in the SAP CRM Financial Customer Care Interaction Center.

● You can use the new Return of Payment on Account to Clarification transaction to return individual items that have been posted on account to the clarification account.

● You can define a direct debit limit for the payment run.

● You can receive, approve, manage, and valuate promises to pay from the customer.

● New enterprise services are available in Contract Accounts Receivable and Payable as interfaces to SAP NetWeaver - Exchange Infrastructure (XI).

● A number of new archiving objects, such as promise to pay, external payment data, and collection worklist/work item are available to reduce the volume of data stored on your database.

For further information on the BI Content for this business function, see the SAP Library for SAP NetWeaver 7.0 BI Content Add-On 3 SP06 under Key Areas → BI Content → Financials → Contract Accounts Receivable and Payable.