Financial Transactions (Store) (SAP Library - Distributed Data Processing)

Financial Transactions (Store)

Use

This business process allows you to use the POS interface - inbound to process purely financial transactions (transactions that only affect financial accounting functions) that take place in stores.

In addition to actual sales, purely financial business transactions that do not involve goods movements, can take place at the POS. Examples of purely financial transactions include:

Settlement of customer invoices

In this case, a customer settles an outstanding invoice in a store.

Payment of a vendor invoice

A vendor invoice is paid using the store’s cash reserves.

Other pay-in and pay-out transactions

This includes postage costs taken from the till and payments to temporary staff, for example. It also includes till discrepancies or small change from the bank.

In addition, the following store transactions can take place in SAP Retail.

Transfer posting within a store

Transfer postings between different accounts (for example, between the small change safe and the cash registers).

Transfer posting of foreign currency

This posting is necessary if a foreign currency is to be managed in a separate account.

Procedure

Financial transactions are entered outside SAP Retail in a POS system or distributed retailing system. The data you must enter includes the transaction type, the amount, a customer number, and a vendor number or G/L account number, for example.

You enter the data in the POS interface - inbound of SAP Retail.

SAP Retail determines the G/L accounts for Financial Accounting in which the financial transactions are to be updated.

The data is updated in the Financial Accounting and Cost Accounting accounts.

Notes and Remarks

For information on financial transactions, see the POS interface - inbound documentation in the Implementation Guide (IMG).

Before financial transactions can be processed, you must first define the transaction types for the POS interface and the accounts that are required in Financial Accounting.

The store must be configured for the POS interface.