FICAAA
FICAAA
FICAAA
It starts with Generating a - MRO(meter reading order) by running a T-code EL06 . Where
simultaneously bill orders is generated Then meter reading gets uploaded After that bill is
generated by running a T-Code (Eamabi) Next Invoice is generated by t-code (EA10) by this
invoice got posted and entry is created. That shows up in FPL9.
Connection Object(Building) ES55 ----Premise (Flat) ES60-----Installation ES30 -----Create a DEVICE IQ01-
---- Install device in INSTALLATION EG31
INSTALLMENT PLAN
It is used to arrange payments into multiple receivables for BP who cannot keep up their payment
obligation.
You must have an open item before you are able to create an Installment plan. Use transaction FPE1 to post a
document.
DUNNING
Dunning is a process by which we can create and send payment reminders or dunning letters to the business
partners to remind them of overdue payables and to request payment.
Before starting the dunning run , we have to ensure that the posting situation is as up to date as possible.
Dunning is carried out in two stages:-
1. (FPVA)dunning proposal run – In this all the due items or the customers who have overdue
balance are identified and grouped together. And also determines dunning levels from dunning
history.
2. (FPVB) – With this dunning activities is carried out.
Dunning by Procedure
- Most conventional method where dunning procedure assigned to each contract account determines
the number of dunning levels and activity sequence.
It has a limit of 9 levels and work in a linear way.
- This procedure considers only 1 parameter, How many days are left or no. of days in arrears and
amount of debt.
- A BRF plus tool that is (business rules framework) this enhances the dunning process.
It is based on business rules that are evaluated at run time.
- Graphical tools for better UX.
- Contract accounts can be treated individually or can be grouped together for collections.
- It doesn’t work in a linear way or a fixed sequence of steps to be carried out.
- Data that can be evaluated in the rules engine include the dunning data, dunning history, credit risk
data and many more ( including customer specific tables).
SECURITY DEPOSITS
- SD is charged to customers where statistical receivable document is created in FICA on the creation of
SD request. The deposit received will be treated as “Down Payment” with “clearing restrictions”
- There are 2 ways of collecting CASH SD & NON-CASH SD.
T-CODES - FPSEC1(CREATE)
FPSEC2(CHANGE)
FPSEC3(DISPLAY)
CREDIT WORTHINESS
The creditworthiness provides information on the business partner’s payment pattern behavior ,history and
influences the selection of activities for dunning.
PAYMENT EXTENSION
When customer is unable to pay the amount in one go. In this case customer demands for installment plan.
Return Processing
WRITE OFF/BACK
With this return lot get
created automatically in
Write-offs are required if receivables are uncollectible or payables cannot be paid, it means customers who
FPB5 . pay
doesn’t Andatwhatever
all. the
receivables that was already
When write
cleared , it off
getshappens
open up, a/c is disconnected and sent to collection agencies.
Write off
again. is a process to remove the bad debts and it also lower the tax liability.
FEEDBACK QUESTIONS:-