Technical Name of Business Function |
FIN_LOC_CI_4 |
Type of Business Function |
Enterprise Business Function |
Available As Of |
Enhancement Package 4 for SAP ERP 6.0 |
Technical Usage |
Central Applications |
Application Component |
Financial Accounting (FI) |
Directly Dependent Business Function Requiring Activation in Addition |
Not relevant |
You can use this business function to meet business requirements in the Financial Accounting (FI) component for Japan and South Korea.
You have installed the following components as of the version mentioned:
Type of Component |
Component |
Is Needed Only for the Following Features |
Software Component |
SAP_APPL 604 |
The business function provides enhancements for the Invoice Summary solution, which allow you to:
Upload new or changed master data related to payment term data and alternative payer name data from the legacy system to the SAP system using the batch input manager
Extend the invoice summary header with additional fields. For more information, see Invoice Summary Processing.
Download the invoice summary data in SAP standard file format using the Print Program. For more information, see Print Program.
Add new fields to the output of the Print Program
Define the sorting criteria and sorting sequence to be used in the output of the Print Program
Use improvements in manual clearing, including:
A simplified screen for the invoice summary clearing process, where you have the option to clear items with reference to monthly invoice data only
Clearing from the oldest invoice summary payer invoice and its monthly invoices
For more information, see Clearing Process.
Determine special cases, when:
Virtual account numbers are assigned to specific payer invoices from a given list of numbers defined by the user
Separate clearing logic is used
For more information, see Virtual Account Number Assignment for Special Cases and Clearing Process.
The business function provides enhancements in tax invoices and bills of exchange payable, which allow you to:
Maintain multiple VAT registration numbers per customer and vendor
The system takes this into account in the following reports:
In Accounts Receivable: Print Tax Invoices, Reprint Tax Invoices, VAT Summary Report
In Accounts Payable: VAT Summary Report
For more information, see Customer Master Data (Control Data)
Configure due date determination for bills of exchange payable for invoices that exceed KRW 1,000,000, based on your vendors’ industry type and classification as a small business or midsize enterprise (SME) or a large enterprise (LE).
For more information, see Due Date Determination for Bills of Exchange Payable