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Technical Data

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.

Prerequisites

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).

Features

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