Technical Name of Business Function |
FIN_TRM_CORR_FW |
Type of Business Function |
Enterprise Business Function |
Available As Of |
Enhancement Package 4 for SAP ERP 6.0 |
Technical Usage |
Financial Services |
Application component |
SAP Treasury and Risk Management (FIN-FSCM-TRM) |
Directly Dependent Business Function Requiring Activation in Addition |
TRM, Hedge and Exposure Management, New Financial Product (FIN_TRM_LR_FI_AN_2) |
You can use this business function to communicate with your business partners using SWIFT (MT3xx, MT5xx) or other channels such as fax or file via the new correspondence monitor (transaction FTR_COMONI) and are supported in this with configurable automatic matching/confirmation processes.
To use this business function, the following prerequisites have to be met:
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 SAP_APPL 604 |
You have activated the following business functions:
If you want to transfer old correspondence data (Customizing settings and application data) to the new functionality, you must execute the migration of data before activating the business function.
See also: Migration of Correspondence Data
Information on the changes to Customizing and the area menu can be found in the release note FIN_TRM_CORR_FW: TRM, Correspondence Framework (New).
The previous correspondence functions have been replaced completely. The new correspondence functions enable you to generate correspondence objects for financial transactions and securities accounts both automatically and manually. You can use the new correspondence monitor (transaction FTR_COMONI) to manage correspondence objects. At the same time, you are supported by status management and the automatic reconciliation and assignment process. You can also determine whether the financial transaction status is automatically set to 'settled' in the automatic settlement function, based on the product type.
The system is preconfigured for the following SWIFT messages: You can also make changes to the existing settings and set up other formats.
MT300 Foreign Exchange Confirmation
MT320 Fixed Loan/Deposit Confirmation
MT395 Queries
MT399 Free Format Message
MT502 Order to Buy/Sell
MT509 Trade Status Message
MT515 Confirmation of Purchase/Sale
MT535 Statement of Holdings
MT536 Statement of Transactions
MT540 Receive Free
MT541 Receive against Payment
MT542 Deliver Free
MT543 Deliver against Payment
MT544 Receive Free Confirmation
MT545 Receive against Payment Confirmation
MT546 Deliver Free Confirmation
MT547 Deliver against Payment Confirmation
MT548 Settlement Status and Processing Advice
MT566 Corporate Action Confirmation