Value-added tax. The main principle for its calculation is to taxation the final customer of goods or services.
It is a part of a tree-structured decomposition of a profect in project management.
WBS represents a single task or a group of tasks in a project. It enables planning and allocation of costs and revenues of particular parts of a project.
Value fields are required in costing-based Profitability Analisys where cost of sales are included. Value fields provide information about quantities and values (in different currencies) that are analyzed in CO-PA reports. They represent a profit and loss structure.
It is the instrument dedicated to managing, reporting and Mark-to-Market valuations of financial instruments.
Determining which texts are to be shown in the various documents, if texts should be copied to other documents in the process, how documents should be copied and whether they will be printed.
SWIFT code also know as a Bank Identifier Codes (BIC). It’s a international identification code, consisting of 8 or 11 characters which identifies particular bank or financial institution. These codes are used when transferring money between banks, particularly for international wire transfers.
Additional postings used for internal analysis or management accounting reporting.
SKFs are used as the basis for cost allocation. Statistical key figure can represent square metrage, man-hour, the amount of employees, etc.
It enables analisys and determination of a standard price for materials in the period. Once released, standard cost estimate cannot be changed in the current periond. Standard price is not influenced by any price fluctuations.
An organizational unit in the system, which is responsible for the type of transport, the required materials for shipping. From this place we can phisically ship the item. Examplary Shipping point could can be factory or warehouse.
The Single Euro Payments Area within individuals and businesses can make and receive card and electronic payments in euros, across Europe, simply, cheaply and efficiently, regardless of their location.
Securities are the most complicated financial instrument covered by SAP Treasury solution. Issued by the countries or corporates, securities are an alternative funding source. The SAP System supports handling of many types of securities like: shares, warrants, bonds (zero-, fixed- and variable coupon).
In the sales documents data are set on three levels: the header, item and schedule line. Schedule line level is the most detailed, providing information on the product is available on specific dates . The date on which the system will confirm us by controlling the availability of goods is determined by scheduling forward or backward.
SAP Treasury and Risk Management is an integrated solution which is used for managing financial instruments of an enterprise. The key elements of this solution are:
These tools mechanize and support the enterprise in respect of financial instruments and portfolio management, in connection with complete optimalization and financial risk management.
SAP In-House Cash is used to centrally process the internal and external payments and to reduce transaction costs. SAP In-House Cash allows internal and external centralized payments. Central processing of payments allows you to reduce the number of bank accounts held by the company’s subsidiaries. It also provides savings on cross-border payments costs of as well as on currency spreads. Central processing takes place in dedicated units, serving as In-House banks that offer vast account management options like charges, interest calculation and internal bank statements.
SAP Biller Direct provides web based Customer service portal. Customers may execute online payments, check account information, list outstanding items like Invoices, Credits and Payments or even enter online queries and complaints. It also offers automatic notifications via email or SMS.
The SAP Bank Communication Management module allows monitoring of the payment process from the payment initiation in SAP to the results of bank processing. The standard feature of SAP BCM is to create the various acceptance path for a payment process that is realized in SAP system. In addition, SAP BCM enables to group payments by the different features and predefined criteria – so that the amount of payments and costs associated with their settlement could be as small as possible.
Sales area defines the structure of the company in SD part. Sales area consists of three parts: sales organization, distribution channel and division.
The route, which the material is to be transported from the Shipping point to the Ship-To Party.
Payment, which is formed when the compensation is made and remains part of the payment.
Reference Document is a document, which we refer to when creating a new or another document in the process.
Postings created in FI on the basis of allocations in CO. If an allocation in CO leads to a change that should be reflected in G/L account (change any of the organizational structure such as: Profit Center, Functional Area, Business Area etc.) the reconcilation between CO and FI takes place automatically.
By using promotion and sales campaigns we can define additional pricing conditions for customers. In promotions and sales campaigns we can define the validity period, the customer, material and price conditions to which they relate. Defined promotions and sales campaigns allow the system to automatically reduce the price for customer including defined criteria.
The combination of CO-PA characteristics that provides information about products, clients, sales etc.
It is an organizational unit representing an area of responsibility for costs and profits in an organization.
Every price condiction (e.g. price, discount, surcharge, taxes, etc.) is separately defined and it contains all the necessary details.
The pricing is a broad concept which includes configuration and any otherarrangements that define the different types of pricing conditions (net price, gross price, discounts, surcharges, taxes, cost of production, profit margin etc.).