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    SAP Central Payments With Non SAP

    Uploaded by

    nasuu
    Central payments allows companies to consolidate open item processing and payment activities from multiple source systems into a central SAP system. When central payments is activated for a company code, all customer and vendor open items are replicated from the source systems to the central SAP system. Invoices are then technically cleared in the source systems and paid from the central SAP system. For company codes not using central payments, invoices remain open and are paid in the source systems. When non-SAP systems are the source, additional steps are required to avoid double payments, such as blocking payments in the source system once an invoice is paid in the central SAP system.

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    SAP Central Payments With Non SAP

    Uploaded by

    nasuu
    135 views3 pages
    Central payments allows companies to consolidate open item processing and payment activities from multiple source systems into a central SAP system. When central payments is activated for a company code, all customer and vendor open items are replicated from the source systems to the central SAP system. Invoices are then technically cleared in the source systems and paid from the central SAP system. For company codes not using central payments, invoices remain open and are paid in the source systems. When non-SAP systems are the source, additional steps are required to avoid double payments, such as blocking payments in the source system once an invoice is paid in the central SAP system.

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    SAP Central Payments with Non SAP

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    Central payments allows companies to consolidate open item processing and payment activities from multiple source systems into a central SAP system. When central payments is activated for a company code, all customer and vendor open items are replicated from the source systems to the central SAP system. Invoices are then technically cleared in the source systems and paid from the central SAP system. For company codes not using central payments, invoices remain open and are paid in the source systems. When non-SAP systems are the source, additional steps are required to avoid double payments, such as blocking payments in the source system once an invoice is paid in the central SAP system.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    135 views3 pages

    SAP Central Payments With Non SAP

    Uploaded by

    nasuu
    Central payments allows companies to consolidate open item processing and payment activities from multiple source systems into a central SAP system. When central payments is activated for a company code, all customer and vendor open items are replicated from the source systems to the central SAP system. Invoices are then technically cleared in the source systems and paid from the central SAP system. For company codes not using central payments, invoices remain open and are paid in the source systems. When non-SAP systems are the source, additional steps are required to avoid double payments, such as blocking payments in the source system once an invoice is paid in the central SAP system.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    SAP Central Payments with Non SAP /

    Third Party ERP systems


    Introduction to Central Payments

    When Central Payment is activated for a specific company code, open-item processing of all
    customer and vendor accounts for this company code is moved entirely to the Central Finance
    system.

    Open items in the relevant customer and vendor accounts are replicated from one or more source
    system(s) to the Central Finance system. All subsequent processes based on customer/vendor open
    items then have to take place in the Central Finance system.

    Key features:

     Activated at company code level.


     For company codes that are activated for central payment, the invoices posted in the source
    systems are technically cleared. The invoices are replicated to the Central Finance system
    and are paid there.
     For company codes that are not activated for central payment, the invoices posted in source
    systems stay open and are paid in the source systems. The invoices and payment or
    clearing documents are replicated to the Central Finance system for reporting purpose. The
    replicated invoices are ruled out from the payment.

    Benefits of Central Payment

     Central open item management and reporting


     Cross-system view of customer or vendor accounts
     Real-time operational reporting with Fiori user experience
     Centralized process know-how in shared service center
     Standardize payment processes
     Centralized A/R processes like cash application, credit exposure calculations, dunning,
    collections prioritization
     Reduce costs of bank connections
     Use SAP Standard interface for uploading bank statements to a central platform
     Monitoring of bank communications and transactions
     HANA optimization of payment proposal generation
     Integration of SAP Cloud Platform with latest SAP Apps for AR processes
     Integration of Digital Payments
    There is lot of information available on Central payments so I will not talk much about the same. The
    focus of this blog is to understand implementing Central Payments where we have Non SAP
    systems as source systems. When source is SAP ECC then standard SAP configuration takes care
    of the process.

    View this video to learn more about Central Payments:

    Central Payments with Third Party source systems

    One you implement this note –  2597587, the payment of a third-party’s company code will never be
    restricted in Central Finance system, hence double-payment from source system(s) and Central
    Finance system might be possible. Therefore, customer needs to limit the payment transactions from
    business perspective

    When the source is Non SAP and the invoice is replicated to SAP S/4HANA via Central Finance and
    Central Payments is active in CFIN then the invoice is posted as open for payment in both systems .
    Now we need to ensure that double payment should not happen.

    To avoid this we have to do some extra steps in the process. Once the invoice is replicated to
    S/4HANA then it should be blocked in Non SAP system (via some feed from CFIN).

    And when payment is completed from CFIN then the payment document information can be sent
    back to Non SAP system to have complete information in source system too as the
    operational/Entity level reporting may be done from source system itself. This will be the optional
    step based on customer requirement.

    Important SAP Notes:

    There are a few notes to be followed which are updated frequently:


    2346233 – Central Payment for SAP Central Finance: Pilot Note for Activation of Central Payment

    2292043 – Central Finance: Enable Clearing Transfer in Source System

    2623514 – Central Finance and Withholding Tax SAP Notes

    2509047 – Central Finance: Required SAP Notes to support Tax Reporting out of the Central
    Finance System

    2184567 – Central Finance: Frequently Asked Questions (FAQ)

    2474760 – Central Payment: SD Down Payments

    2654572 – Handling of Legacy Open Items

    Note – images may be borrowed from internet with due respect to owner/SAP.

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