Credit Management in SAP S/4HANA
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This guide dives into the basic SAP S/4HANA configuration settings for FSCM Credit Management. Beginners seeking to better understand the features, as well as consultants looking for information on how to configure the system, will find the information they need. Each chapter contains specific knowledge for both business users and technical support staff. What exactly is a Business Partner and why do you need one? Explore the Business Partner master record and its relationship to the older master data model. Review settings required in the SAP customizing menu (IMG) for organizational structure and master data, as well as credit limit checking. Walk through the documented credit decision process in SAP. Review integration points with Accounts Receivable (FI-AR) and Sales and Distribution (SD) in depth. Learn more about additional functionality available including credit limit requests and credit exposure updates.
- Basic configuration settings
- Integration points with FI-AR and SD
- Organizational structure and master data
- Business Partner master record
Reading Example
2.1 Purpose and design of the Business Partner
The Business Partner is a cross application master record in SAP. It allows for one master record (one account number) to identify the people and/or companies with which we have some kind of business relationship. This could consist of one, or several, relationships.
Some examples of Business Partners are:
- customers
- vendors
- employees
- prospects
- agents
- borrowers
The Business Partner is not a new master record. SAP applications such as Contract Accounts Receivable, Loan Management, CRM, and FSCM have for many years incorporated this master record.
With S4 HANA Enterprise (1610 onward), the Business Partner replaces the traditional customer and vendor master record design in SAP. If you enter the “legacy” transaction codes in the command field (i.e. FD0x, VD0x, XD0x, FK0x, MK0x, and XK0x), or if you select them in the application menu, the system returns a message redirecting you to the Business Partner (BP) transaction (see Figure 2.1).
Figure 2.1: Redirection to transaction BP
This new BP transaction gives a single point of entry for creating and maintaining all Business Partners across multiple components. SAP’s previous customer/vendor model was limited and could not support the following additional benefits:
- multiple addresses for a single Business Partner
- time dependency of attributes
- a single Business Partner as both a customer and a vendor
To navigate the Credit Management application menu for Business Partner, follow the menu path seen in Figure 2.2.
Figure 2.2: BP in the application menu
Using the transaction code
You can also type transaction code BP in the command field.
As illustrated in Figure 2.3, once the BP transaction is executed you can use the section on the left of the screen to search for Business Partners, or enter the alpha-numeric key of the master record. This single transaction, BP, supports the create , and display/change activities.
Figure 2.3: BP master record
Business Partner category
When the Business Partner is created, use one of the three SAP-delivered categories: Person, Organization, or Group. Each category has specific field requirements and tab designs.
Enlarging the screen area
For a better view, you can close the locator by clicking the icon, just to the left of “Business Partner”.
Ratings
T. Stefan
28.08.2023
C. Urban
05.02.2020
Very good guide to introducing credit management. The SAP CM basic version can be implemented without further knowledge. The content only becomes thin with customer-specific adaptations. This is not a criticism, just a statement. Explanations about adjustments in the credit limit formula would definitely go beyond the scope of the book and fairly, the book itself points out this aspect very clearly. Summary: a very good tool to activate the FSCM credit management under S / 4 Hana.S. Weber
21.09.2019
O. Flanagan
29.06.2019
it is very hard to find decent material on FSCM on the internet so this book was very useful. it is clear and covered exactly the subjects that I wanted to review. I have come across works in other areas by the same author and find she is very knowledgeable and easy to follow.
