Technical name of the business function |
PSM_FA_CASH |
Type of Business Function |
Enterprise Business Function |
Available as of |
SAP Enhancement Package 4 for SAP ERP 6.0 |
Technical Usage |
|
ECC application component |
Fund Accounting (PSM-FA) |
Directly Dependent Business Function Requiring Activation in Addition |
EA-PS (Enterprise Business Function) |
You can use this business function by means of a separate cash ledger or cash flow reporting by an additional splitting characteristic in the accrual ledger. Both functions, Cash-Basis Accounting and Cash Flow Reporting, are integral parts of the new General Ledger (G/L).
You have installed the following components as of the version mentioned:
Type of Component |
Component |
Is Needed Only for the Following Features |
Software Component |
EA-PS 604 |
The business function offers the following features:
Cash-Basis Accounting
This solution fulfills the requirement for legal cash-basis accounting.
It is possible to establish cash-basis accounting by means of a separate cash ledger. The cash ledger is a complete, balanced set of accounts required by and maintained for cash-basis accounting. It realizes expenses and revenue only at the time cash is paid or received.
The cash ledger is a non-leading ledger in the new G/L environment. Cash-Basis Accounting in the sense of this solution always needs a leading accrual ledger.
Typically, the only accounts posted to in Cash-Basis Accounting are cash and P&L accounts.
It is possible to implement Cash-Basis Accounting at a date later than your implementation of the new G/L. This is called “subsequent implementation”. Migration tools in support of this are available.
Cash-Flow Reporting
Cash Flow Reporting provides information on the sources of cash raised during the period, the purpose for which cash was used, and the cash balance at the reporting date.
Reporting of the combination cash clearing accounts/source account is possible as well.
Cash Flow Reporting in terms of this solution is based on an accrual ledger and does not require an additional (cash) ledger. This improves system performance by reducing data volumes.
Enables reporting of cash flows by source account (such as expense, revenue, taxes, or inventory).