SAP Finance and Contract Accounting
Utilize SAP FICA to bring in effective finance processes and settlements. Discover collective billing, customer relationship, agreements, and learn how to utilize dunning process to notify customers.
SAP Finance and Contract Accounting
Collective Billing
FICA is an industry-specific sub-ledger accounting system, which is utilized in numerous industry-specific solutions. FICA allows us to create one CA (Contract Accounting) or several CAs, which offers us some flexibility in terms of accounting. A collective account is a contract account that is often created in the utility industry’s master data and then classified as a collective bill account.
- Increase the efficiency of your billing operations by processing billable large quantities of goods.
- Several documents, such as print papers or billing requests, are combined in the collective bill.
- Maintain and manage billable goods in the database.
- Easily import billable items SAP Convergent Charging.
- The total of this documentation is statistically reported in a single billing account.
Dunning
Dunning offers customers with payment materials which have been due to the past and which require payment to be made within a particular period. Dunning procedures can be assigned to contract accounts or specific open items in the system. The dunning procedures are used by the dunning proposals to evaluate whether there are dunning items on an affiliate or contract account.
Dunning offers customers with payment materials which have been due to the past and which require payment to be made within a particular period. Dunning procedures can be assigned to contract accounts or specific open items in the system. The dunning procedures are used by the dunning proposals to evaluate whether there are dunning items on an affiliate or contract account.
Configuration steps
Dunning Activities: Dunning Activities is where it stores letters of data to send to users. Dunning Procedure: The dunning procedure determines how dunning is done properly with the dunning activities included within the dunning levels.
Execution steps
Dunning proposal: A dunning proposal is made up of the elements categorized for dunning notices. Dunning Activity: When a certain dunning level is attained during a dunning operation, monitoring is done.
Dunning Activities: Dunning Activities is where it stores letters of data to send to users. Dunning Procedure: The dunning procedure determines how dunning is done properly with the dunning activities included within the dunning levels.
Execution steps
Dunning proposal: A dunning proposal is made up of the elements categorized for dunning notices. Dunning Activity: When a certain dunning level is attained during a dunning operation, monitoring is done.
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