EHP 5 upgrade FI-Sales-ProcureFunctionality till EHP 5 in updgradationRelease AvailableKey Capability / Application AreaDelta FunctionalityFunctionality DescriptionBusiness BenefitsBusiness FunctionBusiness Function DescriptionSAP enhancement package 5 for SAP ERP 6.0FinanceCost element as new financial entities in SAP Master Data GovernanceSupports maintenance of cost elements and related hierarchies within SAP Master Data Governance to help you govern your financials- Reduced TCO by out-of-the-box data modelFIN_MDM_ORGSAP Master Data Governance helps you govern your financials with new organizational unit and cost element financial entities.Standard configuration content is provided in terms of data and a user interface model for the new financial entities- High data quality and consistency by re-using customized entries

SAP enhancement package 5 for SAP ERP 6.0FinanceFunctional enhancements based on SAP Master Data GovernanceSome functional enhancements of SAP Master Data Governance to help you govern your financials:- Reduced TCO by out-of-the-box data modelFIN_MDM_ORGSAP Master Data Governance helps you govern your financials with new organizational unit and cost element financial entities.- High data quality and consistency by reuse of customizing entriesEntities can be maintained without edition except cost centers, profit centers, and cost elementsSingle change requests can be created with a Web Dynpro UI in addition to Adobe Interactive FormsChange request can be directly distributed

SAP enhancement package 5 for SAP ERP 6.0FinanceOrganizational units as new financial entities in SAP Master Data GovernanceSupports maintenance of organizational units, such as group companies, cost centers, profit centers, and related hierarchies within SAP Master Data Governance to help govern your financials- Reduced TCO by out-of-the-box data modelFIN_MDM_ORGSAP Master Data Governance helps you govern your financials with new organizational unit and cost element financial entities.Standard configuration content is provided in terms of data and a user interface model for the new financial entities- High data quality and consistency by reuse of customizing entries

SAP enhancement package 5 for SAP ERP 6.0FinanceQuality reporting on the change processWorkflow log for change requests to report on the approval history and current statusIncreased compliance and governanceFIN_MDM_ORGSAP Master Data Governance helps you govern your financials with new organizational unit and cost element financial entities.Display data model using entity relationship diagram to visualize the data modelEdition history using GANTT diagram

SAP enhancement package 5 for SAP ERP 6.0FinanceSAP BusinessObjects integration for SAP SEM: BCS, SAP BPC, & fin. ConsolidationSupports maintenance of SAP BusinessObjects portfolio integration entities for SAP SEM: BCS, SAP Business Planning and Consolidation, and financial consolidation, such as financial statement item, consolidation units, consolidation group, and consolidation characteristic within SAP Master Data Governance to help you govern your financials- Reduced TCO by out-of-the-box data modelFIN_MDM_ORGSAP Master Data Governance helps you govern your financials with new organizational unit and cost element financial entities.Standard configuration content is provided in terms of data and a user interface model for the new financial entities- High data quality and consistency by reuse of customizing entries

SAP enhancement package 5 for SAP ERP 6.0FinanceAdditional functions included in convergent invoicingThe following activities can be executed during the invoice process in convergent invoicing:Simplified business process covered by convergent invoicingFICAX_INV_1Improvement in various areas of the invoice process.

Trigger installment plan deactivation - Release security depositsTrigger account maintenanceChange or assign dunning procedure

SAP enhancement package 5 for SAP ERP 6.0FinanceAverage daily balance (ADB)FIN_GL_ADBFull range of required ADB key figures, enhanced system performance.SAP enhancement package 5 for SAP ERP 6.0FinanceCalculation of activity prices to reflect multiple accounting approachesDuring all operational processes (such as confirmations and backflushing in logistics), the hours worked are valued with the planned activity rate in version 0 in controlling.Allows organizations to calculate activity price according to multiple valuation approaches reducing manual effort at period closeFIN_CO_COGMValuation of inventory for manufactured goods according to multiple accounting approaches.

At period close, activity price calculation is used to determine the actual activity rates for the leading version (international accounting standard) and the alternative version (local GAAP) in that period. Both are calculated as deltas to the initial standard activity price.SAP enhancement package 5 for SAP ERP 6.0FinanceCash flow calculation program and formThe specification is to provide the cash flow statement according to China General Acceptable Accounting Principle 2006.The cash flow report and form fulfill the legal reporting requirements in China.FIN_LOC_CI_11FI, Localization for CN, SA, AE

The print out report is used for- Reference during tax auditing- Reference for company credit rating- Information exposure for listed company in China stock market- External auditing- Company registration to local commercial administrationSAP enhancement package 5 for SAP ERP 6.0FinanceChile: Material LedgerYou can use theMaterial Ledger (Chile)report to summarize line items in theFinancial Accounting(FI) documents that have identical G/L account assignments but differ in debit/credit value fields.You can use theMaterial Ledger (Chile)report to summarize line items in theFinancial Accounting(FI) documents that have identical G/L account assignments but differ in debit/credit value fields.FIN_LOC_CI_7Localization enhancement for Russia, Chile, India, and Portugal.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Dependency for all closing tasksClosing task dependency affects all task types including manual closing transactions and notes.Closing process sequence consistency guaranteed, which minimizes the chance of errorFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Display details of status change for remote tasksAdds job parameters to the detail screenImproves the transparency of the remote task execution and enhances the task monitoring for quicker reaction in the event of errorFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.Displays various information regarding the remote tasks, along with SAP Central Process Scheduling detailed status, which reflects the general close status more precisely

SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Field display - critical path, roleThe fields 'critical path' and 'role' are added to the task overview and detail display.Improve working efficiency by minimizing the closing reconciliation between Web UI and GUIFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Mass change in closing tasklistIdentify multiple closing tasks and change the attributes of those tasks (for example, processor, responsibility, time, status) simultaneously by use of mass change.Improves working efficiency by offering mass change functionality for the multiple attributes of each of the closing tasksFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Simultaneous availability to multiple usersUpload or change office documents and notes in the tasklist display mode. Other activities related to the maintenance of the tasklist will be possible only in the change mode, like in the former solution.Improves working efficiency for closing tasks maintenanceFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Status reason maintenanceWhen changing the closing task status manually, a pop-up will occur where the reason for the status change can be inserted.Status reasons improve the transparency by complementing the manual status change for specific closing tasksFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Stop scheduled closing taskRescheduling or stopping of closing tasks via the closing cockpit for local and remote tasks.Improves working efficiency in the case of corrections or revisionsFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Supporting office document additionAdd supporting office documents to a close task.Supporting office documentation drives working efficiency and ensures closing execution by providing full cycle document management functionality including: add, display, and changeFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Task selectionFilter the closing tasks in the whole tasklist context via search criteria such as processor, responsible role, critical path, and so on, and identify the task or tasks that the user would like to access.Improves working efficiency with the combination of task selection criteriaFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing tasklist: Workflow status updateUpdate the status of workflow in the closing cockpit.Allowing status updates of the workflow in the closing cockpit provides end users with visibility into the different outcomes and resultsFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Assign responsible users to foldersAssign responsibility to the relevant closing task group or folder.Assigning responsibility of the task folder or group improves the working efficiency and minimizes the chance of entry error when defining the closing rules in the template.FIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Assigning calendar to closing process folderAssign relevant factory calendar to closing task group or folder.Allowing the factory calendar assignment to the closing task folder will shorten the closing rules definition cycle for business entities that need to run same closing tasks in different locations within a single closing cycle.FIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Define dependency at node levelDefine the sequence of closing tasks at the group level.Improves working efficiencyFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Incorporation of a plant as a closing organizational structureIncludes the plant as an organizational hierarchy for closing template definitionIncorporating a plant as the closing organizational structure allows further working divisions based upon the plant and improves the closing results reconciliation.FIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.Allows accountants to distinguish the plant-specific and non-plant-specific closing tasks

SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Mass change functionality in closing templateAllows closing planners to perform necessary changes to rules definition of the closing template in batch mode.It will improve the working efficiency and minimize the chance of entry error.FIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceClosing template: Transport closing template with necessary componentsSupport the transport of all necessary components of the closing template.Selective transport approach improves template transport efficiency by automating the transport against all template components, including office documents, notes, variants, and workflow.FIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceCountry-specific customizing for KSA and UAEA basic country-specific customizing is part of the standard SAP ERP delivery for each existing country in the world. But for countries whose legal changes are not officially supported by SAP in the SAP ERP product, the scope of customizing is limited. FGM project of FIN/OP localization anticipates future legal SAP support for the Kingdom of Saudi Arabia (ISO code "SA") and the United Arab Emirates (ISO code "AE"). The level of delivered customizing enables enhancements in accordance with the anticipated future SAP support.FIN_LOC_CI_11FI, Localization for CN, SA, AESAP enhancement package 5 for SAP ERP 6.0FinanceEnhanced reports for reconciliation between MM and FI-GL (new)Reconciliation reporting can compare aggregated inventory values per company code, business area, profit center, and segment with detailsfrom calculations for individual materials in MM or ML.Reconcilation between MM/ML inventory values and financal values is possibleat the level of profit center and segment. Reduces manual effort and risk of errors.FIN_GL_CI_3Improved business process control and data quality.SAP enhancement package 5 for SAP ERP 6.0FinanceFI document numbering by periodIn China, an official document number should be used to present documents or journal entries to the auditors or tax authorities. The respective governments and controlling authorities usually request that these official numbers should start from 1 every month. This official document number should be assigned to all posted documents.This function supports the accounting document numbering per period or periodically according to the Chinese requirements.FIN_LOC_CI_11FI, Localization for CN, SA, AESAP enhancement package 5 for SAP ERP 6.0FinanceFinancial statement formThe Balance Sheet and Income Statement form currently used are based on the new enterprise accounting rules released on February 25, 2006. The effective date is January 1, 2007.The financial statements report, balance sheet, and profit and loss statement forms fulfill the legal reporting requirements in China.FIN_LOC_CI_11FI, Localization for CN, SA, AESAP enhancement package 5 for SAP ERP 6.0FinanceFixed asset accounting: reporting on segments and profit centersAggregated report on changes in tangible fixed assets and further FI-AA reports on the level of the segment and profit center entitiesThe aggregated report on changesin tangible fixed assets can now be performed on the basis of segment and profit center, in addition to balance sheet and P&L. All other reports in asset accounting can also be selected and sorted by those entities. Segment and profit center are real account assignment objects in the asset master data. The system checks a unique derivation of segment and profit center values while maintaining the asset master data and during postings to asset accounts.FIN_GL_REORG_1Better organizational flexibility by using a defined method for restructuring areas or responsibilities (profit centers).Reports in FI-AA offer the option to select and sort on the level of segment and profit center entities.SAP NetWeaver Business Warehouse component reports and queries on fixed assets can be created with the segment and profit center entitiesA check to ensure that a unique profit center and segment is derived during posting is also available

SAP enhancement package 5 for SAP ERP 6.0FinanceHandling of incoming and outgoing electronic payment advicesThe new feature supports automatic handling of outgoing and incoming payment advices created in the SAP ERP application back-end (after the payment run). If the customer selects the option to make use of the new functionality, the payment data of SAP ERP will be transported via services to SAP NetWeaver Process Integration (SAP NetWeaver PI) offering.- Efficient processing of electronic payment advicesFIN_APAR_PAYMT_ADVAutomate and enhance straight-through processing rates of payment advices via enterprise services.- Reduced costs by minimizing manual paperworkIn SAP NetWeaver PI, the system creates an XML-based payment advice and outputs the attachment based on the information from the corresponding business partner to an e-mail that is sent automatically to the beneficiary of the payment. The feature also supports the import of payment advices via e-mail using SAP NetWeaver PI.- Increased straight-through processing ratesSAP enhancement package 5 for SAP ERP 6.0FinanceImpairment of assets in accordance with IAS 36IAS 36 covers assets belonging to a cash-generating unit (CGU)that needs to be impaired. Mass tool: Impairment postings are performed at the level of each single asset belonging to the CGU.Manual effort for impairment postings to a single asset is reduced:FIN_GL_CI_3Improved business process control and data quality.- All assets belonging to a CGU can be selected in the system.With a mass-processing tool,the impairment posting is performed at the level of each single asset belonging to the CGU.- The planned depreciation is recalculated from the respective periodonwards (in the same fiscal year).SAP enhancement package 5 for SAP ERP 6.0FinanceInclusion of multiple activity prices in periodic costing runAllows the periodic costing run to use activity price from leading valuation to determine the cost of goods manufactured according to the global accounting standard, and update the inventory values accordinglyProvides auditable valuation of inventory reducing manual effort at period closeFIN_CO_COGMValuation of inventory for manufactured goods according to multiple accounting approaches.May also be used to calculate actual costs according to the local accounting standard, if the group accounting approach is standard costs

SAP enhancement package 5 for SAP ERP 6.0FinanceInclusion of multiple activity rates in alternative valuation runAllows multiple valuation runs to be created to determine the value of the cost of goods manufactured. The periodic costing run uses the activity price for the leading valuation (version 0) while the alternative valuation run uses the activity price for the alternative valuation. It is then possible to revaluate inventory (create closing entries) to take account of both valuations.Provides auditable valuation of invenvory reducing manual effort at period close.FIN_CO_COGMValuation of inventory for manufactured goods according to multiple accounting approaches.SAP enhancement package 5 for SAP ERP 6.0FinanceIndia: Assigning Tax Code Based on RegionIn India, tax rates for the same material can differ in different regions. This solution allows you to assign a tax code for a vendor and the vendor region. When you create the purchase order or scheduling agreement for a material, the system gives you an option to use the tax code that you have assigned to the region from where the vendor supplies the material. This enables the system to calculate the taxes at the tax rate applicable for that region.In India, tax rates for the same material can differ in different regions. This solution allows you to assign a tax code for a vendor and the vendor region. When you create the purchase order or scheduling agreement for a material, the system gives you an option to use the tax code that you have assigned to the region from where the vendor supplies the material. This enables the system to calculate the taxes at the tax rate applicable for that region.FIN_LOC_CI_7Localization enhancement for Russia, Chile, India, and Portugal.SAP enhancement package 5 for SAP ERP 6.0FinanceIntegration with SAP Workflow: Execution and monitor from closing cockpitExecute and monitor workflow and 'workflows with worklists' from the closing cockpit and enable the processing status to be set and the process repeated for 'workflow with worklists'.Improves working efficiency, processing flexibility, and transparency against workflow closing tasksFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.SAP enhancement package 5 for SAP ERP 6.0FinanceInvoice-level discounts and chargesAlready-existing discount functionality has been enhanced to allow a customer a specific discount and charge calculation based on individual items.Free configurable discount and charge calculation executed in convergent invoicingFICAX_INV_1Improvement in various areas of the invoice process.SAP enhancement package 5 for SAP ERP 6.0FinanceMulti-GAAP valuation for material inventoryFramework for the calculation of balance sheet adjustments that allows relevant materials to be selected, values to be calculated according toa balance sheet valuation method, and postings to be made toFI to reflect adjustments. It also simplifies status management.Balance sheet valuation at period close can beperformedat the level ofprofit center, segment, and business area. Reduces manual effort and risk of errors.FIN_GL_CI_3Improved business process control and data quality.SAP enhancement package 5 for SAP ERP 6.0FinanceNumber assignment during asset transferWhen transferring assets, you can choose between the following number assignments:- Better process integration in Asset AccountingFIN_GL_CI_3Improved business process control and data quality.- Keeps original relationship between the assets in the number structureStandard number assignment: New main numbers are assigned.Keep number structure:A new main number is assigned, subnumbersare assigned sequentially.Keep "main number": Existing main number is used, new subnumbersare assigned sequentially.

SAP enhancement package 5 for SAP ERP 6.0FinancePeriod-end closing according to Zhang Jie FaAll state-owned companies that belong to SASAC should fulfill the requirements of Zhang Jie Fa to complete period-end closing. Zhang Jie Fa means that every month-end, the balance of P/L accounts are carried forward to a retained earnings account, and after month-end closing the balance of all the P/L accounts are zero.Allows period-end closing according to the requirements of Zhang Jie FaFIN_LOC_CI_11FI, Localization for CN, SA, AESAP enhancement package 5 for SAP ERP 6.0FinancePortugal: Free Revaluation of Fixed AssetsYou can use this new solution for free revaluation of the fixed assets. In Portugal, companies can make a free revaluation to their fixed assets if it suits their business. If the company does so, they have to report free revaluations the same way they report the legal revaluations usingAsset Report Print Program (Portugal) (RAIDPT02)report. This report now generates a new formMapa 33.30to report free revaluation.You can use this new solution for free revaluation of the fixed assets. In Portugal, companies can make a free revaluation to their fixed assets if it suits their business. If the company does so, they have to report free revaluations the same way they report the legal revaluations usingAsset Report Print Program (Portugal) (RAIDPT02)report. This report now generates a new formMapa 33.30to report free revaluation.FIN_LOC_CI_7Localization enhancement for Russia, Chile, India, and Portugal.SAP enhancement package 5 for SAP ERP 6.0FinancePostdated checksPostdated checks (PDC) are checks that have been written by the issuer and contain a future payment date (for further details see Ref 1.2-01). This is a commonly used payment both in the Kingdom Saudi Arabia (KSA) and in the United Arab Emirates (UAE), but in other countries in the MENA region as well, especially in Egypt.Manages the postdated check processing in accordance with the requirementsFIN_LOC_CI_11FI, Localization for CN, SA, AESAP enhancement package 5 for SAP ERP 6.0FinanceReorganization of profit centersProfit center reorganization is based on the new general ledger. It enables customers to respond to rapidly changing market requirements by automating the reorganization of profit centers. Customers will now be able to combine organizational flexibility with the data consistency. Key functionalities include support of different scenarios for profit center reorganization:Consistent definition, authorization, and execution of profit center reorganizations are now highly automated within the general ledger, resulting in higher efficiency, lower TCO, faster financial closes, and improved compliance and governance.FIN_GL_REORG_1Better organizational flexibility by using a defined method for restructuring areas or responsibilities (profit centers).

MergeSplitDiscontinueObject-based reassignment of profit centersConsistent processing of master data and business processesAudit trailGeneric framework allowing customer-specific adoptionScope of the reorganizationproduction and sales, assets, materials and purchasing, accounts receivable, and accounts payable

SAP enhancement package 5 for SAP ERP 6.0FinanceReport: Actual/Actual Comparison Between Different LedgersThe new report inFI-GL (new)creates a balance sheet and a P&L statement. It enables you to identify variances in the actual databetween different ledgers and to check whether the data is correct. This report compares the actual values of two ledgers. Differences are displayed and can be analyzed by navigating to the line item display of the general ledger account.- Reduces manual effort when reconciling variancesin theactual data of two ledgersFIN_GL_CI_3Improved business process control and data quality.- Quick overview with drilldownoptions foranalyzing errorsSAP enhancement package 5 for SAP ERP 6.0FinanceSeparation for closing task list creation and template maintenanceSplit new transaction, CLOCOT, from existing transaction, CLOCOCFor tasklist creation, CLOCOT enables the responsibility to be split and improves the compliance via the authorization of the tasklist creation by the relevant responsible groupFIN_ACC_LOCAL_CLOSE_2Usability, integration, and compliance improvement in daily work with closing cockpit.CLOCOT will be used for tasklist creation and releaseCLOCOC will be focused on template creation and maintenanceAssignment of authorizations for tasklist creation is independent from template maintenance

SAP enhancement package 5 for SAP ERP 6.0FinanceService request search in SAP ERPThis feature enables accountants who created service requests from financial transactions to view service requests to find out the processing status or to update the service request, if necessary.- Self-service option for internal requester of serviceFIN_SSC_AIC_1Optimize communication processes within a shared service environment.- Time savingsSAP enhancement package 5 for SAP ERP 6.0FinanceSingle and summarized document transferThis feature allows a single document level and summarized document transfer in a distributed financials system environment.Allows you to centralize financial processes that start out decentralized, for example, A/P and A/R data is entered locally, but open item processing is handled centrally. All data that is relevant only for reporting in the central system can be transferred in summarized form.FIN_GL_DISTR_SCEN_1Better performance and less data volume.SAP enhancement package 5 for SAP ERP 6.0FinanceSupport for non-SAP systems in SAP Collections Management applicationThis feature provides a framework to connect non-SAP systems to a central SAP Collections Management application to facilitate a common and unified collection process independent of where the outstanding receivables originate from. Technically, the accounts receivable data from the non-- Enables a common, unified collection process that covers non-SAP accounts receivable systemsFIN_SSC_AIC_1Optimize communication processes within a shared service environment.- Centralizes and harmonizes collections processes independent of the underlying system architecture of legacy systemSAP systems is loaded into SAP Collections Management. This enables worklist creation and the execution of collection calls (including promise-to-pay agreements, creation of dispute cases, and resubmission) to the customers with outstanding receivables from the non-SAP systems.SAP enhancement package 5 for SAP ERP 6.0FinanceSupport for SAP R/3 4.6c in SAP Collections ManagementThis feature provides a framework to facilitate a common and unified collection process independent of where the outstanding receivables originate from. Technically the accounts receivable data from the SAP R/3 4.6c system is loaded into SAP Collections Management.- Enables a common, unified collection process that covers SAP R/3 4.6c accounts receivable systemsFIN_SSC_AIC_1Optimize communication processes within a shared service environment.- Centralizes and harmonizes collections processes independent of SAP releases of SAP R/3 accounts receivable systemThis enables worklist creation and the execution of collection calls for the customers with outstanding receivables from the SAP R/3 4.6c system. Note: The integration of SAP R/3 4.6c into SAP Collections Management is very similar to the integration of non-SAP systems into SAP Collections Management. However, it is very different from the integration of SAP R/3 systems 4.7 or higher into SAP Collections Management.SAP enhancement package 5 for SAP ERP 6.0FinanceSuspense accountingFIN_GL_ERR_CORR_SUSPSoft error handling extension of error correction.SAP enhancement package 5 for SAP ERP 6.0FinanceTotals read from archive (FI)In General Ledger Accounting (New), reports can read totals recordsthat have previously been archived. This concerns the following reporting techniques:-Improves system performanceby enabling data to be archived earlier,whilereportingusing this dataremains possibleFIN_GL_CI_3Improved business process control and data quality.- Easier access to archived dataDrilldown reports, Report Writer reportsABAP reports using the logical database SDFSimplified reporting when archived totals recordshad to betransferred to the BI before (that is, to the corresponding InfoCube).G/L account balance display (transaction FAGLB03)

SAP enhancement package 5 for SAP ERP 6.0FinanceTransfer of depreciation from asset accounting to controllingThe depreciation values for the international accounting principle are updated to the leading ledger in the SAP General Ledger application (or the global accounts in the classic general ledger) and to version 0 in controlling.Allows global manufacturing organizations to set activity prices that take account of depreciation according to IFRS and local GAAPFIN_CO_COGMValuation of inventory for manufactured goods according to multiple accounting approaches.

The depreciation values for the second accounting principle are updated to a nonleading ledger in the SAP General Ledger (or the local accounts in the classic general ledger) and to a delta version in controlling.SAP enhancement package 5 for SAP ERP 6.0FinanceUpdate of internal revenues between profit centersFor goods movements between profit centers, additional lines for internal revenues can be posted automatically in the general ledger to reflect company-internal business, also without transfer prices. This is possibleafter implementation of a BAdI.Company code-internal business across profit centers is reflected,enabling better reporting on profit center activities and performance.FIN_GL_CI_3Improved business process control and data quality.SAP enhancement package 5 for SAP ERP 6.0FinanceWithholding tax reportEvery resident, regardless if they are taxpayers according to the Income Tax law, or the permanent establishment in the Kingdom of Saudi Arabia (KSA) of a non-resident who pays an amount to a non-resident from a source in the KSA shall withhold tax from the paid amount law text see Ref 1.2-01. The party who withholds tax must register at the Department of Zakat and Income Tax (DZIT) before the settlement of the first tax payment.Supports the withholding tax requirements of the Kingdom of Saudi Arabia.FIN_LOC_CI_11FI, Localization for CN, SA, AE

The party who withholds tax must settle the amount of tax withheld with the DZIT within the first 10 days of the month following the month in which the taxable payment is made and issue a certificate to the non-resident party. A delay fine of 1% is calculated for each 30 days of the delay.SAP enhancement package 5 for SAP ERP 6.0FinanceZakat Levy - report + formZakat Levy is an enterprise liability that needs to be paid to the Department of Zakat and Income Tax in the Kingdom of Saudi Arabia (KSA) at the end of the year. The following business participants are subject to payment:The Zakat Levy reporting requirements are supported with this defined form.FIN_LOC_CI_11FI, Localization for CN, SA, AE

Saudi individuals or nationals (citizens) of the GCC countries who run businesses with commercial goods in KSAAll types of Saudi companies and companies owned by nationals of the GCC countries that run businesses in KSA, and joint companies shared between Saudis and nationals of GCC countries. The Zakat Levy is calculated from a Zakat base and from Zakat deductions

SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for accounts payableVendor Due Date Analysis: A formatted report on vendor due dates provides easy to use analysis and comparison of your accounts payable status over two periods.Simplified and streamlined high-quality reporting for accounts receivableFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for accounts receivableDays sales outstanding (DSO) analysis: formatted report comparing DSO, receivables, and sales for two periods; graphics with top-N customersSimplified and streamlined high-quality reporting for accounts receivableFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Customer Due date analysis: formatted with due and not due amounts per customer; graphics with top-N customers

SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for asset accountingAsset history sheet: formatted report of asset history for assets, asset classes, respective balance sheet accounts, and company codesSimplified and streamlined high-quality reporting for asset accountingFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Planned depreciation: formatted report of planned depreciation for assets, asset classes, respective balance sheet accounts, and company codes

SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for general ledgerBalance sheet: formatted; comparison of two years or periodsSimplified and streamlined high-quality reporting process for financial statements, internal analysis, and audit supportFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Income statement: formatted; comparison of two years or periodsCash flow statement: indirect method; formatted; comparison of two years or periodsFinancial statement: comparison of two years or periods with absolute and relative variances for a hierarchy of financial statement itemsAccount balances: development from balance carry-forward over prior period values and current period values to the cumulated balancesdifferentiated by debit and creditDocument journal: formatted report with document number, document and posting date, account information, and key account assignments (customer, vendor, tax code, and so on)

SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for overhead cost managementCost center report: formatted report with actual and planned costs and variances for multiple cost centers, graphics with top-N cost centers with regard to budget consumption, and interactive graphics with drill-down to cost elementsSimplified and streamlined high-quality reporting for overhead cost managementFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Internal order report: formatted report with actual and planned costs and variances for multiple orders, graphics with top-N orders with regard to budget consumption, and interactive graphics with drill-down to cost elements

SAP enhancement package 5 for SAP ERP 6.0FinanceCrystal Reports for profitability analysisOperating profit report: formatted report on sales, revenues, cost of goods sold, contribution margins, and operating profit. Comparison of actual versus plan data and previous year values.Simplified and streamlined high-quality reporting for asset accountingFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.SAP enhancement package 5 for SAP ERP 6.0FinanceDashboard for cash managementCheck cash positionInteractive and high-quality reporting for cash managementFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Simulate currency exchange rateCheck cash position by bank groupCheck cash position by company code

SAP enhancement package 5 for SAP ERP 6.0FinanceDashboard for FSCM collection managementCheck the following four KPIs with trends: to be collected versus collected with trends; DSO versus payment terms with trends; collections activities with trends; percentage of completed worklist entries with trendsInteractive and high-quality reporting for FSCM collection managementFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Drill four KPIs into segmentCheck team performance by collection groupCollection activities: countersCollection activities: compare occurrences with amountsCollection activities: evaluate completion rates of worklist entriesCollection Management: Outstanding versus completed Collections

SAP enhancement package 5 for SAP ERP 6.0FinanceDashboard for FSCM credit managementCheck exposure versus credit limit by risk classInteractive and high-quality reporting for FSCM credit managementFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.Check exposure versus credit limit by segment

SAP enhancement package 5 for SAP ERP 6.0FinanceDashboard for FSCM dispute managementCheck the following four KPIs with trends: open disputes versus created disputes with trends; disputes created as percentage of A/R with trends; disputes resolved with trends; disputesInteractive and high-quality reporting for FSCM dispute managementFIN_REP_SIMPL_3Formatted reporting and interactive dashboard with attractive reporting tool from SAP improves the insight and interaction with customers.average days to resolution with trends - Drill four KPIs into categoryDrill four KPIs into regionCheck team performance

SAP enhancement package 5 for SAP ERP 6.0FinanceAbility to run SAP Credit Management without SAP NetWeaver Process IntegrationWeb Service Reliable Messaging (WS-RM) allows the connection of one or more SAP ERP applications to a central SAP Credit Management application without having to use a server for SAP NetWeaver PI. The enterprise services of SAP Credit Management can be called directly.SAP Credit Management can be run with a lower total cost of ownership.FIN_FSCM_CCD_3Run SAP Credit Management without process integration.SAP enhancement package 5 for SAP ERP 6.0FinanceAggregation of business partners in SAP Collections ManagementDuring creation of the worklist, outstanding business party receivables that will not be shown on the worklist for organizational reasons can nevertheless contribute to the business partner evaluation and prioritization.Truly transparent visibility and prioritization of business partners in a worklist even though the business partner is allocated to one or more collection worklists.FIN_FSCM_CCD_3Run SAP Credit Management without process integration.SAP enhancement package 5 for SAP ERP 6.0FinanceAnnex16 functionality for asset accounting in JapanEnables the customers to generate reports for Annex16, which is required by corporate tax law in Japan.Annex16 reports for asset accounting in Japan will be generated in the systemFIN_LOC_CI_8Enhancements to provide more fully tailored FI-AA functionality for India, Japan and Russia.SAP enhancement package 5 for SAP ERP 6.0FinanceAttaching documents during collection of outstanding receivablesThe collection specialist can attach documents to invoice-level notes and resubmissions, to a resubmission referring to the whole customer, and to customer contacts.All relevant information for the process of collecting outstanding receivables is accessible in one place with one or two mouse clicks for the collection specialist.FIN_FSCM_CCD_INTEGRATION_3Increased user productivity during collection activities.

The attached documents can be displayed again and they can be deleted.SAP enhancement package 5 for SAP ERP 6.0FinanceCollector notes and resubmissions on invoice levelCollection specialists can record notes related to one or several invoices and a reason code and attachment(s) can be added to a note.- Enable document-centric collection approachFIN_FSCM_CCD_INTEGRATION_3Increased user productivity during collection activities.Collection specialists can record resubmissions related to one or several invoices and a reason code, date, time, and attachments can be added to a resubmission.- Allow flexible handling of the customer situation during a collection call by recording a simple note, promise-to-pay, or a dispute caseInvoice-level notes already recorded are visible on a new tab screen within the process receivables viewInvoice-level resubmissions are shown on the resubmission tab within the process receivables view

SAP enhancement package 5 for SAP ERP 6.0FinanceComplete localization solution for India IT depreciation calculationEnables logical grouping of assets to create asset blocksCustomers can now maintain all details required for the India IT depreciation calculation in their SAP system. This localization solution will manage the entire depreciation calculation, as per Indian legal requirements.FIN_LOC_CI_8Enhancements to provide more fully tailored FI-AA functionality for India, Japan and Russia.Provides migration programs to upload block details, asset block assignment details, and the opening written-down-value (WDV) for all the blocks, from Microsoft Excel to SAP softwareOffers report program to calculate IT depreciationProvides year-end report program to generate the details as per IT depreciation act

SAP enhancement package 5 for SAP ERP 6.0FinanceCopying of Russia-specific field values during copying of the asset masterAllows customers to copy Russia-specific field values from the asset master whenever an asset is created by copying an existing asset.All Russia-specific details will be copied whenever an asset is created by copying an existing asset. This reduces the maintenance and processing steps associated with Russia-specific asset creation.FIN_LOC_CI_8Enhancements to provide more fully tailored FI-AA functionality for India, Japan and Russia.SAP enhancement package 5 for SAP ERP 6.0FinanceData reconciliation between SAP Credit Management and operational systemsA new report allows reconciliation of exposure values stored in SAP Credit Management with credit values, sales orders, and deliveries stored in the connected systems using SAP ERP.Save time for credit managersFIN_FSCM_CCD_3Run SAP Credit Management without process integration.SAP enhancement package 5 for SAP ERP 6.0FinanceInquiries by vendorsSuppliers and vendors can enter inquiries directly in the buy side portal of SAP Biller Direct application. An inquiry consists of free text and a reason code. It can be linked to a specific vendor invoice. Once the vendor saves an inquiry.- Fewer telephone calls, faxes, and e-mails will be needed since vendors can enter inquiriesFIN_FSCM_BD_3More information in supplier-facing portals.- Reduced costsIt is automatically stored as a service request in SAP Customer Relationship Management application, where it is processed or answered. The vendor can check details of the inquiries, including possible responses at any time.- Increased vendor satisfactionSAP enhancement package 5 for SAP ERP 6.0FinanceInstallments in promises-to-payWhen creating a promise-to-pay, the collection specialist can enter multiple installments. The collection specialist can choose the number of installments, amounts, and due dates and can also choose an installment plan type out of a set of pre-defined installment plan types to be applied to the promised amount.- Ability to react flexibly on customer situationFIN_FSCM_CCD_INTEGRATION_3Increased user productivity during collection activities.- Ability to get the customer s agreement for promises-to-pay even if the customer might be short of liquidityThe system automatically monitors if payments on the agreed installments are done on time and with the correct amounts. Any irregularity is made visible.- Automatic system monitoring of promises-to-pay with installments reduces manual effortSAP enhancement package 5 for SAP ERP 6.0FinanceIntegration between dispute cases and service requests in SAP CRMWhen shared service center agents create or change a service request, they can create a dispute case directly from the service request in SAP CRM. Data from the service request is transferred to the dispute cases. Dispute cases can also be created automatically from a service request, based on configuration settings.To resolve or complete a service request handled by shared service center agents, accounts receivable related issues sometimes have to be addressed by dispute managers. Collaboration and seamless information flow between the two parties is now guaranteed.FIN_FSCM_SSC_AIC_1Benefit from the communication functionality of the shared service center framework in SAP Dispute Management and SAP Collections Management.SAP enhancement package 5 for SAP ERP 6.0FinanceIntegration of collection worklist with interaction center in SAP CRMThe collection worklist integrates with the interaction center user interface. Differentiated views for collection specialists and collection supervisors exist, supplemented by powerful search functionality.- Transparent view of customer's dataFIN_FSCM_SSC_AIC_1Benefit from the communication functionality of the shared service center framework in SAP Dispute Management and SAP Collections Management.- One click-navigation to all related information- Telephony integration functionality of the interaction center framework for collection activitiesSAP enhancement package 5 for SAP ERP 6.0FinanceIntegration of dispute case processing list with interaction center in SAP CRMThe dispute manager can search for dispute cases within the interaction center. From the hit list, the manager can edit a dispute case directly. The dispute manager can trigger a transfer of the customer s contact data in the dispute case to the context area of the interaction center. The dispute manager can then use telephony integration functions in the interaction center of SAP CRM.- Use telephony integration functions in the interaction center of SAP CRMFIN_FSCM_SSC_AIC_1Benefit from the communication functionality of the shared service center framework in SAP Dispute Management and SAP Collections Management.- Work with the user interface of SAP CRMSAP enhancement package 5 for SAP ERP 6.0FinanceIntegration of process receivables interaction center in SAP CRMOnce the process receivables view is called from the new collection worklist in the interaction center, the user can use telephony integration when performing collection activities. Also, customer contacts in SAP Collections Management are linked to interaction records created in the interaction center framework.- Use of telephony integrationFIN_FSCM_SSC_AIC_1Benefit from the communication functionality of the shared service center framework in SAP Dispute Management and SAP Collections Management.- Transparency of customer contacts and any interactions with the customer via the shared service center frameworkSAP enhancement package 5 for SAP ERP 6.0FinanceNew process for red invoice and cancelled invoice in different monthAdded new business process for red invoice and canceled billing document from SAP system. For the red invoice with VAT type, the notification letter number is necessary. For the canceled invoices in a different month, the canceled billing document needs to be transferred into red invoices.Automated and proper handling of red invoices and canceled billing documentsFIN_LOC_CI_9China:

interfacing with the Golden Tax System allows printing VAT invoices with no need for third-party software

SAP enhancement package 5 for SAP ERP 6.0FinancePrint sales listEnhances the print sales list function for easier review of billing line items in excess of 8.New PDF form for printed sales list that improves the review of billing line items in excess of 8FIN_LOC_CI_9China:

interfacing with the Golden Tax System allows printing VAT invoices with no need for third-party software

SAP enhancement package 5 for SAP ERP 6.0FinanceSending correspondence out of SAP Collections ManagementThe collection specialist can send various correspondence from the process receivables view by e-mail, fax, or letter, including:The collection specialist can flexibly react on customer needs. Examples include:FIN_FSCM_CCD_INTEGRATION_3Increased user productivity during collection activities.- Customer can not find an invoice, so the collection specialist sends a copyCustomer account statement- Customer says he has a different view of his account, so the collection specialist sends him the open item list by e-mailOpen item listSending out a summary of the customer contact to the customer, reminds him again of the promises-to-pay he has given.Individual correspondece (free text)Re-prints of SD invoices In addition, the collection specialist can send out a summary of a customer contact (for example, listing the promises-to-pay) by e-mail

SAP enhancement package 5 for SAP ERP 6.0FinanceSingle dunning by collection specialistThe collection specialist is able to send a dunning notice to a customer directly from the "process receivables" view. To facilitate this, the standard FI-AR dunning functionality (transaction F150) was integrated and now, the full functionality of Single Dunning within transaction F150 is available.- Collection specialist can send out a dunning notice to the customer with 2-3 mouse clicks, for example, in case the customer does not answer the phoneFIN_FSCM_CCD_INTEGRATION_3Increased user productivity during collection activities.- More options to facilitate effective collection of outstanding receivablesOn the customer contact tab of the process receivables view, the collection specialist can see the dunning notices sent from SAP Collections Management application.- Transparency about dunning and other collection activities in one viewSAP enhancement package 5 for SAP ERP 6.0FinanceStatus information of invoiceA new column in the list of open invoices display shows the status of the invoice. The values displayed can be defined by customizing and are determined by the payment blocking status of the FI document and the posting status (posted or parked) of the FI document. In addition, a new text field in the header area of the invoice table can display general information about the payment procedures. The text displayed also depends on customizing.- Supplier can get a full picture of the invoice statusFIN_FSCM_BD_3More information in supplier-facing portals.- Number of calls from suppliers to the accounts payable department are reduced- Costs are savedSAP enhancement package 5 for SAP ERP 6.0FinanceEnhanced support for 'Assets Held for Resale' and 'Discontinued Operations'A unit flagged as &apos- Enhanced automation, reducing effort and time to closeFIN_ACC_GC_ASTHFSAccounting for &aposHeld for Sale&apos- Less risk of error as opposed to manual handlingAssets Held for Sale&aposwill support automatic reclassification of non-consolidation-related asset and liability accounts to unique asset and liability 'Held for Sale&apos- Greater auditability and enhanced complianceand 'DiscontinuedaccountsOperations&aposA unit flagged as &aposDiscontinued Operation&aposwill get an additional automatic reclassification to a single account in the statement of comprehensive income, comprising the total of the post-tax profit or loss of the discontinued operationThe functionality shall support suspension of further depreciation within the budget control system on assets 'Held for Sale&aposAn entity previously held for sale that no longer qualifies as held for sale will have the ability to unwind

SAP enhancement package 5 for SAP ERP 6.0FinanceSupport for changes in business combinations I and II accounting standardsThis functionality supports the management, calculation, and automated posting of consolidation entries for goodwill, noncontrolling (minority) interests, and changes in investments in accordance with the recent changes to U.S. GAAP and IFRS accounting standards.Reduced time and cost to close, enhanced auditability, less prone to error, and a higher degree of assurance that reported results are compliant with latest accounting standards.FIN_ACC_GC_BCOMBSupport for changes in accounting standards arising from the business combinations I and II initiatives.

In particular, it addresses:

Allocation of goodwill to offer better support for management of goodwill by a cash-generating unitAccounting for goodwill under the full goodwill methodNew rules related to accounting for business combinations on change of controlAccounting for changes in investments with no change in controlHandling of loss of control, including automated recognition of other comprehensive income

SAP enhancement package 5 for SAP ERP 6.0Finance1 - New financial instruments: Commodity Swap and Commodity OTC OptionFunctionality ofmanaging and accountingof commodity swaps and commodity OTC options (American and European style).New product categories for Commodity OTC Swaps and Commodity OTC Options now support a full straight-through processing for them in the Treasury and Risk Management,in thedeal creation and settlement, confirmation processes, payments, valuation and accounting, credit limit checks or Mark-to-Market calculationsand other kind of analytics.FIN_TRM_COMM_RMManage commodity price risks using SAP Treasury and Risk Management with thenew Financial Risk Management for Commodities, with new commodity-related financial instruments and new analytical capabilities likecommodity exposurereporting or commodity forward curves.SAP enhancement package 5 for SAP ERP 6.0Finance2 - Commodity-Based Market Data: Commodity Forward CurvesEnhanced functionality to enable thevaluation of commodity paper deals and commodity exposures using commodity forward curves. Commodity forward curves can be constructed based on listed futures or non-listed forward prices.Commodity Forward Curves significantly enhance the management of commodity market data and provide the possibility of representing the market data as forward curves (mathematical representation). These curves are used in valuation, hedge effectiveness tests and risk analysis to increase the accuracy of calculations.FIN_TRM_COMM_RMManage commodity price risks using SAP Treasury and Risk Management with thenew Financial Risk Management for Commodities, with new commodity-related financial instruments and new analytical capabilities likecommodity exposurereporting or commodity forward curves.SAP enhancement package 5 for SAP ERP 6.0Finance3 - Commodity Exposure ReportingThis functionality allows users to report the commodity price exposures, expressed bytheir exposure positions, and the hedging instrument, represented as paper deals (OTC and listed futues) on a common basis.Report physical and paper dealsin one report and to get anoverall overview of commodity exposures, as well as to report volume and Mark-to-Market values in one report.FIN_TRM_COMM_RMManage commodity price risks using SAP Treasury and Risk Management with thenew Financial Risk Management for Commodities, with new commodity-related financial instruments and new analytical capabilities likecommodity exposurereporting or commodity forward curves.SAP enhancement package 5 for SAP ERP 6.0Finance4 - Hedge Accounting: Cash Flow Hedge ScenariosSupport of cash flow hedges with commodity swaps with full compliance of FAS 133 or IAS 39.Compliance to regulatory standards like FAS 133 and IFRS 39 for cash flow hedgesrelated to commodity swaps.FIN_TRM_COMM_RMManage commodity price risks using SAP Treasury and Risk Management with thenew Financial Risk Management for Commodities, with new commodity-related financial instruments and new analytical capabilities likecommodity exposurereporting or commodity forward curves.SAP enhancement package 5 for SAP ERP 6.0FinanceBewertungseinheiten: Units of valuationUnit of Valuation (UoV) refers to a German GAAP requirement. By using UoV, the customer can designate one hedged item with one or more hedging instruments.An integrated, semiautomatic process (master data, valuation, and postings) for representing units of valuation in SAP ERPFIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

Designation can be done without an effectiveness test and without documentation (customizable). If a UoV is valuated, the system transfers the market value of the instrument(s) to the market value of the item and uses the position management procedure of the item with this (new and overall) market value. The value of the instrument is set to zero.SAP enhancement package 5 for SAP ERP 6.0FinanceCash concentration referenceCash concentration: A reference is now maintained between bank customer account (BCA) payment orders and the payment orders in SAP In-House Cash.Customers can now trigger payment orders by reference during cash concentrationFIN_INHOUSE_CASH_1New functional enhancements for SAP In-House Cash.SAP enhancement package 5 for SAP ERP 6.0FinanceCFH: Bond or loan hedged with interest rate swap against interest rate riskWith EHP5, the customer can hedge variable rate bonds or loans by interest rate swaps (which exchange the variable interest rate payments for fixed payments) against interest rate risk. During valuation, the system splits up the change of the swap.All customers who invest in variable rate-paying bonds or loans can now hedge the future cash flows of the bond or loan against interest rate risk according to proper hedge accounting regulations.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

The part that is related to the effective part of the hedgeis posted toOCI and the part related to the ineffective part is posted toP&L, if the hedging relationship was effective at the key date.SAP enhancement package 5 for SAP ERP 6.0FinanceDual control for limit checkThe payment order now goes into dual control mode only when the dual control checkbox is checked in the customizing of SAP In-House Cash.When the limit check fails, the system automatically triggers the dual control checkFIN_INHOUSE_CASH_1New functional enhancements for SAP In-House Cash.Implementation guide: Financial Supply Chain Management -> In-House Cash -> Account Management -> Payment Processes in In-House Cash -> Define Transaction TypesIf the dual control checkbox is not checked in customizing, then the posting of the payment order would fail with a status of parked when the limit check failsSAP enhancement package 5 for SAP ERP 6.0FinanceEnhancements in accounting rules, lot accounting, and position differentiationDuring the consolidation process, customers require subassignments for certain grouped financial statement items. The subassignments must be delivered at the posting point in the general ledger. A derivation tool is provided to address this requirement.Functions now available to improve the fast close process and reduce the occurrence of errors while maintaining groups of financial statement items, including subassignment rules.FIN_TRM_LR_FI_AN_3Improve efficiency and fulfill legal requirements in the area of Financials and Treasury and Risk Management.

Additionally, users can assign lot accounting at the portfolio level and assign a consumption sequence procedure that depends on the portfolio. Users can also have a reset during valuation, even for year-end valuation. The transaction for manual posting is enhanced, based on differentiation criteria.SAP enhancement package 5 for SAP ERP 6.0FinanceEnhancements in interfaces and effectiveness testThe dollar-offset method is most widely used to calculate the effectiveness of a hedging relationship. However, the dollar-offset method has a problem in small changes to the hedged item and the hedging instrument, which results in ineffectiveness. This change enables use of the Schleifer method, which eliminates the small change issue and is widely accepted as a proper test method. Additionally, the linear regression method is also an effective test method.In regard to the problem of small numbers in the dollar-offset method for effectiveness testing, customers can avoid dissolving a hedging relationship by using the Schleifer method. This results in less manual effort, especially during closing.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

The second method enabled is the prospective linear regression. Two different scenarios are enabled:Accounting regulation does allow several methods for effectiveness testing. Enabling linear regression for use in Hedge Accounting for Positions makes this application moreattractive for the customer.

with time referencewith Market Data Sets

SAP enhancement package 5 for SAP ERP 6.0FinanceEnhancements process optimizationStandard user interface offeringEfficient process support for maintenance of investment class data, security price maintenance and management authorizations, and selection criteria for day-end processingFIN_TRM_LR_FI_AN_3Improve efficiency and fulfill legal requirements in the area of Financials and Treasury and Risk Management.Customer-specific fields for class data supportEnhanced authorization concept for managing security pricesEnhanced selection criteria for day-end processing

SAP enhancement package 5 for SAP ERP 6.0FinanceFin. instruments: forward loan purchase, fiduciary deposit, total return swapForward loan purchase gives the customer an opportunity to create a financial transaction which represents an option to purchase a loan in the future. The object is linked to the loan module in SAPManagement of financial instruments (forward loan purchase, fiduciary deposit, and total return swap) from start to end within SAP ERP, including master data, valuation, postings, and position managementFIN_TRM_LR_FI_AN_3Improve efficiency and fulfill legal requirements in the area of Financials and Treasury and Risk Management.Fiduciary deposits are equivalent to asset swaps, that is, they behave like a credit portfolio plus an interest rate swap. The credit portfolio (the pool of assets) is chosen by the depositor, who bears all credit risk.A total return swap (payer) is a bilateral financial transaction where the counterparties swap the total return of a share in exchange for periodic cash flows, typically a floating rate such as LIBOR +/- a basis point spread and a guarantee against any capital losses

SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Bond hedged with interest rate swap against interest rate riskWith EHP5, the customer can hedge fixed rate bonds by interest rate swaps (which exchange the fixed interest rate payments for variable payments) against interest rate risk.All customers who invest in fixed rate bonds can now hedge the fair value of the bond against interest rate risk.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

The system automatically calculates a credit spread at designation. If the hedging relationship is effective at the key date, then during valuation the system splits up the change of the bond and posts as follows:

the part related to credit spread to OCIthe part related to hedge amortization to P&Lthe hedge adjustment (which is the difference between hedge amortized costs and hedge fair value) to P&L

SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Issued Bond hedged with interest rate swap against interest rate riskWith EHP5, the customer can hedge fixed rate bonds by interest rate swaps (which exchange the fixed interest rate payments for variable payments) against interest rate risk.All customers who issue fixed rate bonds can now hedge the fair value of the bond against interest rate risk.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

The system automatically freezes the fair value of the bond at designation. If the hedging relationship is effective at the key date, then during valuation the systemposts as follows:

the Hedge Adjustment (calculated as the difference between frozen fair value and fair value at key date) to P&Lthe part related to amortization to P&L

SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Rollover for hedging relationshipsCustomers have an option to prolong an existing hedging relationship without dissolving the OCI that existed since designation. There are two possibilities for a rollover:With EHP5, customers can decide to roll over a hedging relationship either by rolling over the designated forward securities transaction (FST) or by replacing the designated FST with a new one that has a later end of term.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

Operational rollover - the designated FST is rolled over and the hedging relationship inherits the new end-of-term dateRollover by replacement - the designated FST is replaced by a new one. Both rollovers can also be done as partial rollovers, which means that the number of designated units is decreased during rollover

SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Stock in local currency hedged with OTC option against price riskIn EHP4, stocks could be hedged only with forward securities transactions (FST) against the price risk. Now, the customer can hedge stocks by using OTC options against price risk. The system automatically splits the stock s overall change at valuation by posting the option s security change below the strike price to the P&L and the remainder to OCI, if the hedging relationship is effective at the valuation date.All customers who invest in stocks can now hedge against price risk by using OTC options. All postings and hedge processes are maintained according to proper hedge accounting rules.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Stock in local currency hedged with total return swap against price riskIn EHP4, stocks could be hedged only with forward securities transactions (FSTs) against the price risk. Now, the customer can hedge stocks by using total return swaps against price risk. The change of the stock is posted automatically to the P&L, if the hedging relationship is effective at the valuation date.All customers who invest in stocks can now hedge against price risk by using total return swaps. The process and postings are in accordance with hedge accounting regulations.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.SAP enhancement package 5 for SAP ERP 6.0FinanceFVH: Stock in valuation currency unequal to local currency hedged with FSTIn EHP4, users could hedge Stocks with Forward Securities Transactions (FST) only in local currency against the market price risk. Now the customer can hedge Stocks in foreign currency by using FSTs against price risk.All customers who invest in stocks in a foreign currency can now hedge stocks against price risk, and have the postings and the hedge process managed according to proper hedge accounting rules.FIN_TRM_INS_HM_2Streamlined hedgeaccountingreducing market price and interest rate risk for securities.

The system automatically splits the overall change of the stock at valuation by posting the security change to the P&L and the FX change to other comprehensive income (OCI), if the hedging relationship is effective at the valuation date.SAP enhancement package 5 for SAP ERP 6.0FinanceMass approvalWith mass approval of correspondence objects, bulk work items waiting for approval can be approved. Different services are available for a work item, such as request, release, and resend. Details of a particular financial transaction can be provided by a service display, which lists the details of the correspondence object.Efficient process support formass approval of correspondence objects.FIN_TRM_CORR_FW_2Enhancement of the correspondence framework.

With this business function, you can process SWIFT format MT566 messages for dividend payments in the system. Also a mass approval functionality is available.SAP enhancement package 5 for SAP ERP 6.0FinancePayments without postingThis functionality allows users to make payments for treasury deals without posting in FI.Simplifies and enhances the process of payments in treasury by enabling payments without posting the deal in FI.FIN_TRM_LR_FI_AN_3Improve efficiency and fulfill legal requirements in the area of Financials and Treasury and Risk Management.SAP enhancement package 5 for SAP ERP 6.0FinanceProcessing of MT566 messages (only dividend payments)With this functionality, you can store inbound MT566 messages (dividend payment information) as a correspondence object (CO). You can reconcile the CO with the related information in the master data and the quantity ledger, and change the status of the CO if the comparison was successful. This can be triggered online by batch or automatically. Once a correspondence object is created for a MT566 message, it becomes eligible for comparison.Efficient process support for inbound MT566 messages (dividend payment information).FIN_TRM_CORR_FW_2Enhancement of the correspondence framework.

With this business function, you can process SWIFT format MT566 messages for dividend payments in the system. Also a mass approval functionality is available.SAP enhancement package 5 for SAP ERP 6.0FinanceReversal of payment orderReversal of payment orders:Increased efficiency of payment order reversal processFIN_INHOUSE_CASH_1New functional enhancements for SAP In-House Cash.

Cross-bank --On reversing a cross-bank payment order, the other payment order (that is generated by posting the actual payment order) is reversedExternal payment -- On reversing an external payment order, if the payment request (that is generated by posting the external payment order) is cleared, the clearing document and the payment request must also be reversed. There is a provision to input the reversal reason for reversing the payment request and the clearing document (if available)

SAP enhancement package 5 for SAP ERP 6.0FinanceUnblocking and posting of payment orderPayment orders in SAP In-House Cash will be posted as final only after a central payment has actually been executed by the external bank. The payment orders are posted provisionally until receiving an accepted items message from the bank indicating that the payment has been debited.Final posting of the payment order occurs only when confirmation of the clearing is received from the external bankFIN_INHOUSE_CASH_1New functional enhancements for SAP In-House Cash.

Upon receipt of the bank statement from the external bank, the statement is uploaded to check if the payment for the corresponding payment order is cleared. In such a case, the particular payment order is selected and unblocked so that it can be posted as final.SAP enhancement package 5 for SAP ERP 6.0FinanceWash-Out Detection and EstablishmentThe user can search to find open long and short positions that can be offset if certain criteria match.Easier to find the long and short positions that can be offset to avoid unnecessary delivery and reduce logistics and operational costs. This feature also increases the flexibility of trading with different business partners in different locations, depending on market requirements.ISR_GLT_COMMODITY_4Improve flexibility in trading contract and expense management.SAP enhancement package 4 for SAP ERP 6.0FinanceValue retrospective timesheet changes at prior-year ratesFederal agencies allow timesheet corrections in the 13 months preceding the document date. If a retrospective change is made to the number of hours worked, the rate selected for the associated activity allocation should not be the activity rate valid at the time of posting, but the activity rate valid on the key date for the change. Where complex funding sources with multiple funding types and varying expiration timeframes are in place, the funding should also be updated based on the prior-period account adjustments. Follow-on functions, such as overhead calculation, should also be based on the values used for time recording.Correct recording of fund usage in complex public sector organizations. Increased accuracy in cost center accounting.CO_ALLOCATIONSPrior-Year Rates for Timesheet Corrections.SAP enhancement package 4 for SAP ERP 6.0FinanceAccessibility and performance improvement with SAP Interactive FormsThe output of the report programs would be displayed in Adobe form, which makes the reports compliant with accessibility. Performance of the report has been improved with the new Adobe split functionality.Performance optimization for running reports and improved processing capacityFIN_LOC_CI_2Performance Improvement with Adobe Page-Split Functionality for Asset Accounting Reports: New Functions for Invoice Summary.SAP enhancement package 4 for SAP ERP 6.0FinanceArchive context dataIn addition to the normal archive process, the context data (master data and customizing) can also be stored in a archive system.Reduce total cost of ownershipFIN_ACC_ILMArchive the Data of a System to Be Decommissioned.SAP enhancement package 4 for SAP ERP 6.0FinanceDown payments and down-payment clearingDown payments can be specified in the purchase order. A new monitor shows all POs with down-payment information. Selected down payments can be booked from this report, including data transfer from the purchase order. Down payments can be cleared directly within the logistics invoice (was possible only in FI transaction).*Down payments can be entered manually and processed automatically via BADI ME_Process_PO_CUST in the purchase order. *Down payment clearing with manually entered amounts and invoices can be posted simultaneously in transaction MIRO.LOG_MMFI_P2PProcure-to-Pay: Down-Payment Creation, Clearing, and Retentions Integrated with Logistics Processes.SAP enhancement package 4 for SAP ERP 6.0FinanceDrill-down reporting from FI to COAdditional drill-down functionalities from financial reports into controlling and financial reports. Profit center and origin object type (example: cost center) information is a source for further drill-down into controlling reports. The target reports are called via a reporting interface. Target reports can be standard reports, custom or specific reports and transactions.Better reporting integration from FI to CO, value reconciliation between profit centers and cost objects (origin objects), transparency between FI and CO values, and less reconciliation effortFIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.SAP enhancement package 4 for SAP ERP 6.0FinanceElectronic VAT Invoicing.The usercan now use the electronic invoicing solution to work with invoices in electronic format.The user can now use the following functionality:FIN_LOC_CI_33FI, LO Localization Topics for Russia 5

Create XML-based VAT invoice filesbased onFI and SD documentsSignelectronic invoiceswith electronic signaturesExportelectronic invoice filesDownload confirmations of receiving of electronic invoices from operators of electronic document workflowImport notice of clarification from customerImport incominginvoice filesCreatenoticesof receiving ofelectronic invoicesanddownload themCreatenotices of clarification and download them

SAP enhancement package 4 for SAP ERP 6.0FinanceEnhancement of Korean Tax Report and Automatic PaymentMaintain the Korean specific fields(VAT reg.no. Tax code1, type of business, type of industry, Representative name) in vendor&customer master time-dependentlyMinimize manual adjustment and improve system automation, improve data consistency.FIN_LOC_CI_4Localization for Continues Improvement of Tax Report and Automatic Payment Program.To determin a due date of BOE and payment method automatically depending on a business type of vendor during the automatic payment program

SAP enhancement package 4 for SAP ERP 6.0FinanceGuided procedure for document split configurationThe wizards are a step-by-step aid to perform the document split customizing. The advantage over following the IMG is that the system performs checks and document simulation on the basis of existing documents.Faster and more consistent customizing of the document split functionFIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.Better understanding of overall document split functionalitySAP enhancement package 4 for SAP ERP 6.0FinanceIntegration of dispute management in FI-CA with dispute management in SAP CRMEnables integration of dispute management in FI-CA and SAP CRM.Integration of dispute management in FI-CA and SAP CRMFICA_FSCM_CRM_DISPUTEIntegration of Dispute Management in FI-CA and SAP CRM.SAP enhancement package 4 for SAP ERP 6.0FinanceLedger group-specific display of documentsYou can select documents according to ledger or ledger group within EhP 4 using standard reports:Customers running parallel accounting using the ledger approach covering different accounting principles can now select documents according to the ledger group and increase transparencyFIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.

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You can use the selection for customer-defined reports that are related to logical database BRF.SAP enhancement package 4 for SAP ERP 6.0FinanceLedger-specific check of posting periodsUsing the ledger approach within the new G/L in SAP ERP, each accounting principle is represented by its own ledger. In general, the leading financial statement relevant for the consolidated financial statement needs to be completed earlier than the local financial statement. A different fiscal year variant using a different financial statement date can be assigned to each ledger. Therefore posting periods shall be handled ledger-specifically. Up to now, a posting to several ledgers was checked only against the posting period of the representative ledger. This function offers an option to check a posting to several ledgers (accounting principles) against the posting period variants of each ledger.The financial department can postpone the local close; the consolidated close is finished at an earlier time.FIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.Using different fiscal year variants for different accounting principles, the system checks for each accounting principle (ledger) if the posting period is opened.A smooth period end-closing process with fewer problems and less organizational coordination can be executed. The time of close can be determined by each accounting principle.SAP enhancement package 4 for SAP ERP 6.0FinanceProfit center assignment monitorYou can check the profit center assignment in sales order items and in real estate objects (RE-FX). You can select the items and objects with specific profit center assignments or with missing assignments. You can get an overview list of all items and objects.Using this overview, you can find and correct missing assignments more easily.FIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.SAP enhancement package 4 for SAP ERP 6.0FinanceRetentionsRetentions can be stored in purchase order and contract Users can deduct retentions from the invoiced amount automatically in transaction MIRO; they are stored as a separate document.Retentions can be stored in purchase order and contractLOG_MMFI_P2PProcure-to-Pay: Down-Payment Creation, Clearing, and Retentions Integrated with Logistics Processes.Users can deduct retentions from the invoiced amount automatically in transaction MIRO; they are stored as a separate documentSAP enhancement package 4 for SAP ERP 6.0FinanceSeparate check of posting periods for postings from CO to FIAt the end of the period, closing activities are executed. Using CO real-time integration, CO creates postings that update FI. Up to now, the FI posting period had to remain open when postings from CO to FI are performed.Period-end activities in the financial and controlling department can be executed one after the other without the necessity of organizational coordination. Smooth period-end closing process with fewer problems and errors can be executed. The time needed to close can be accelerated.FIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.These postings can now be handled via a separate (new) posting period interval.SAP enhancement package 4 for SAP ERP 6.0FinanceTax handling for partly exempt organizationWith this feature, you can map in the system the company areas that are completely or partially exempt from paying tax. You can define special tax codes for these areas and create tax reports as proof for the tax office. In addition, you can use a program for supplementary tax adjustments for variable tax deduction rates.Allows the handling of value-added tax (VAT) for partly exempt organizationsFIN_ACC_PEOHandling of Value-Added Tax (VAT) for Partly Exempt Organizations.SAP enhancement package 4 for SAP ERP 6.0FinanceValidation of combinations of new G/L characteristicsAvoid entries that are incoherent. Example: a commission fee for a swap is to be entered against an HR cost center. Both account and cost centers are valid, but from a business point of view the posting does not make sense. The assumption that all these semantic controls are done in the feeder application does not protect against errors in manual postings or in the feeder applicationsespeciallyin applications not fully integrated with the G/L. It'ssemantic check of GL posting data entry.When entering an accounting entry, all fields are checked, but not in terms of theirvalidity of combinations. Faster Close by real time checking combinations of data like e.g. product group and customer group.Discovery of incorrect reporting lines at month-end leads to time-consuming research and manual adjustment. Properly validated accounting information can reduce the time to close by several days.FIN_GL_CI_2Improved Business Process Control and Data Quality with Parallel Accounting and Additional Account Assignments.SAP enhancement package 4 for SAP ERP 6.0FinanceSimplified reporting for asset accountingProvides modern easy-to-use reports for the following areas: asset history sheet, asset balances, asset transactions, planned depreciation, posted depreciation, comparison of depreciation, depreciation forecast, inventory list, and assets not posted.Simplifies and streamlines reporting process for asset accountingFIN_REP_SIMPL_2Simplify Reporting Financials with Attractive, State-of-the-Art Reporting Tools.SAP enhancement package 4 for SAP ERP 6.0FinanceSimplified reporting for closingThe reports provide status information for each close task in the task list and an overview of the progress of the task list with respect to schedule. Users can create alerts that notify them if close tasks are delayed or taking longer than planned. The new reports also show the close status per business unit. This is particularly important in a shared service environment, where one unit might perform a close task for multiple business units, but each business unit needs to have status information concerning the degree of completion in its unit.The local close is a time-critical process where multiple stakeholders work interactively to close the books on time. The new reporting functions provide parties other than the accountants executing the close with information concerning the status and progress of the close. That allows them to initiate corrective action if delays are expected, especially if they would affect the global close (consolidation).FIN_REP_SIMPL_2Simplify Reporting Financials with Attractive, State-of-the-Art Reporting Tools.SAP enhancement package 4 for SAP ERP 6.0FinanceSimplified reporting for investment managementReports cover all stages of the investment management life cycle from planning and budgeting to availability control and replanning, and address all objects associated with investment management (investment programs, items, appropriation requests, orders and work breakdown structure elements).Simplifies and streamlines reporting process for investment managementFIN_REP_SIMPL_2Simplify Reporting Financials with Attractive, State-of-the-Art Reporting Tools.SAP enhancement package 4 for SAP ERP 6.0FinanceSimplified reporting for profitability analysisProvides sample reports based on operating concern S_GO that display net sales, contribution margins, operating profit, and target turnover in an easy-to-use interface.Simplifies and streamlines the reporting process for profitability analysisFIN_REP_SIMPL_2Simplify Reporting Financials with Attractive, State-of-the-Art Reporting Tools.SAP enhancement package 4 for SAP ERP 6.0FinanceAll features: see FIN_FSCM_CCD_2See FIN_FSCM_CCD_2. Business function FIN_FSCM_CCD_INTEGRATION requires FIN_FSCM_CCD_2 to be switched on.See FIN_FSCM_CCD_2FIN_FSCM_CCD_INTEGRATIONImproved Flexibility and Openness in SAP Financial Supply Chain Management.SAP enhancement package 4 for SAP ERP 6.0FinanceBilling consolidation connectorThe billing consolidation connector provides a built-in capability to connect to service providers for business-to-business document exchange. The connection is tailored to meet the requirements of SAP Billing Consolidation, the SAP software running on the service provider's document exchange platform.The billing consolidation connector combines SAP ERP functionality with a supplier network to provide a comprehensive solution for electronic document exchangeFIN_FSCM_BCONS_CONBuilt-In Capability to Connect to Service Providers for Business-To-Business Document Exchange.

With the connector delivered with SAP ERP, the customer can now easily and rapidly connect to these consolidator platforms.SAP enhancement package 4 for SAP ERP 6.0FinanceCollecting receivables from customers with head office branch structuresHelp collection specialist collect receivables from customers with head office branch structures.Collecting receivables from customers with head office branch structures made easy. Allows users to structure a work list based on customer's subsidiaries. Different collection specialists can work on different subsidiaries - a common requirement in the consumer products industry.FIN_FSCM_CCD_2Improved Flexibility and Openness in SAP Financial Supply Chain Management.SAP enhancement package 4 for SAP ERP 6.0FinanceCollections with multiple back endsAllo