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Technical Data

Technical name of business function

FIN_TRM_PSM_INTEGRATION

Type of business function

Enterprise business function

Available as of

Enhancement package 4 for SAP ERP 6.0

Technical Usage

Financial Services

Application Component

FIN-FSCM-TRM

Directly Dependent Business Function Requiring Activation in Addition

Public Sector (EA-PS)

TRM: Hedge Management, New Financial Instruments, New Key Figures (FIN_TRM_LR_FI_AN)

This business function enables you to seamlessly integrate financial transactions and positions from the Transaction Manager (FIN-FSCM-TRM-TM) into SAP Public Sector Management (PSM). Financial transactions and positions can be assigned to funds and grants. When making postings to accounting, the fund and grant data is also transferred to correctly reflect the investments on the financial statements at fund and grant level. The positions can be managed at the level of the fund and grant so that condition-based flows, such as interest payments, can be automatically assigned to the corresponding funds and grants. The funds transfer function enables you to change the investment relationship of various funds and grants to positions, without using external payment flows.

You can now also easily manage investments from investment pool participants in investment pools. The system supports the purchase and sale of pool certificates as well as the issue of certificates by the investment pool.

Prerequisites

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

Type of Component

Component

Is Needed Only for the Following Features

Software Component

EA-FINSERV 604

  • You need to use SAP Public Sector Management (PSM). You need to make all the necessary settings for Public Sector Management and activate Funds Managment (PSM-FM). To do this, in Customizing, choose   Public Sector Management   Funds Management Government   Basic Settings   Activate Global Functions for Funds Management (PSM-FM)  . You also need to activate the account assignment elements Fund and Grant. To do this, in Customizing for Public Sector Management and choose   General Settings for Public Sector Management   Basic Settings: Account Assignment Elements   Activate Account Assignment Elements  .

  • If you have not previously used the Transaction Manager, you need to make the required settings in Customizing for the Transaction Manager.

  • Required and Optional Migration Steps.

    If you are currently using the Transaction Manager, you need to execute the required and optional conversion steps by choosing   General Settings   Tools   Conversion Progams  . Here you set the corresponding migration category and conversion programs.

  • To enable the Transaction Manager to differentiate between the fund and grant positions, you need to make the following settings in Customizing for the Transaction Manager:

    • Choose   General Settings   Accounting   Settings for Position Management   Define and Assign Differentiations  . You can then create differentiations with the account assignment elements Fund and Grant as differentiation terms and assign them to positions.

    • You need to have made the necessary settings in the activities under Define Update Types and Assign Usages and Assign Update Types for Funds Transfer by choosing   General Settings   Accounting   Funds Transfer  .

    • Choose   Transaction Manager   Securities   Transaction Management   Special Functions: Public Sector   to Assign Transaction Types for Investment Pool Participants and use the BAdI: Investment Pool Participant Transactions.

Features

  • When you create financial transactions, you can now assign one or more funds or grants.

  • Funds Transfer

    For the majority of product types in the Transaction Manager, it is possible to transfer funds. The funds transfer enables you to transfer a position from a fund or grant to another fund or grant. In the Money Market and Securities areas, you can also transfer parts of a position. Unlike the securities account transfer or valuation class transfer, the funds transfer enables you to specify both the number of units and the value of the position to be transferred. If the funds are not transferred at the book value of the position, price/rate gains and losses may be incurred. The system ensures that the transfer does not affect profit or loss for the relevant company code and that the position components are transferred porportionally to the target position.

  • Invesment Pool Participants and Investment Pools

    Investment pools are usually set up to group the financial resources of multiple investment pool participants, which can then be invested in this form in the capital market. This realizes higher returns and simultaneously reduces administration costs. Investment pools and investment pool participants are represented in the system by a fund or a combination of a fund and grant. The investment made by a participant in an investment pool is mapped in the system using certificates purchased by the investment pool participant and certificates issues by the investment pool. The certificate needs to be created as a security in the Investment Certificate category.

    You can generate these financial transactions automatically. You can also delete generated transactions at any time. The transactions can be displayed with their structure characteristics in an overview.

    A BAdI is also available with which you can change the transaction conditions.

  • The standard reporting for the logical databases and the position list (transaction TPM12), flow list (transaction TPM13), and posting journal (TPM20) includes the account assignment elements from SAP Public Sector Management.

See also: For more information, see Integration in Public Sector Management in the SAP Library, under   Treasury and Risk Management   Transaction Manager   General Information about the Transaction Manager  .