Settlement Management

The Icing on the Cake: CCM

Voucher Processing: Consistent!

From the Field

Full Integration: Supports all Settlement Processes

Settlement Management is a component within the SAP standard for mapping settlement processes of all kinds with full integration to the order-to-cash or procure-to-pay core business processes.

Settlement Management can be used by any industry via Condition Contract Management (CCM) for the integrated mapping of financial processes such as commission and bonus payments. Customer-specific and special financial settlement processes can usually be mapped in Settlement Management using standard SAP functions.

SAP S/4HANA Settlement Management: Condition Contract Management (CCM)

Condition Contract Management (CCM) is one of the main functions of Settlement Management and offers a standardized solution for the central management of supplier and customer conditions. Settlement Management is highly integrative and supports the processing of almost all settlement-relevant data.

The following main functions are available via CCM in S/4HANA through separate document-related processes:

  • Mapping of central settlement processes:
    • Efficient processing of high document volumes
    • Correct calculation of commission and del credere fees
    • Reliable processing of settlement runs
    • Consistent payment processing
  • Rebate settlement for vendors and customers (replaces the rebate settlement functions from SAP MM and SAP SD that are no longer available in S/4HANA)
  • Processing of immediate deductions and their periodic settlement in the context of the procurement-to-pay and order-to-cash core business processes
  • Options for the settlement of fees and remuneration

SAP S/4HANA Settlement Management is the successor to the SAP ERP module Agency Business (LO-AB) and Condition Contract Settlement (CCS) from remuneration management.

XEPTUM has extensive project experience in Settlement Management (LO-AB, CCS, etc.) in various industries, and has already implemented several CCM projects.

CCM offers consistent, fiscally compliant, fully integrated settlement options.

Voucher Processing

Consistent voucher processing is a challenge for many SAP users. The requirements have become more stringent due to the legal regulations of 2019 on the taxation of vouchers for VAT purposes. Since then, businesses also have to take into account whether the place of performance and tax rate is known at the time of voucher issue.

In fiscal terms, it is of great significance whether a single-purpose or multi-purpose voucher is issued. The mapping of the voucher processing (voucher sales and redemption) in your SAP system must distinguish between these two cases.

XEPTUM has extensive experience in the mapping of vouchers in your S/4HANA system and in how the system differentiates between single-purpose and multi-purpose vouchers. Using SAP S/4HANA Settlement Management, the processes can be presented as follows (the differentiation can be transferred to SAP ERP in the same way as the functionalities)

In fiscal terms, it is of great significance whether a single-purpose or multi-purpose voucher is issued

Download

Illustration of how the system differentiates between single-purpose and multi-purpose voucher using SAP S/4HANA Settlement Management.

Single-purpose and Multi-purpose Voucher

 

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