Scenario/Processes Fixed Asset Management - PowerPoint Presentation

1. Scenario/ProcessesFixed Asset ManagementScenario OverviewConfirming Goods and Services ReceiptsProcessing Purchase OrdersScenario ExplorerOpen LegendScenario DescriptionClick process chevrons for detailsReturning GoodsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsThe following business roles are involved in this scenario:The Fixed Asset Management business scenario allows you to manage your fixed asset accounting. It covers the entire life cycle of your fixed assets, from purchasing, including fixed assets under construction, through to asset retirement or sale. The solution enables you to value your fixed assets in parallel, in accordance with local and international valuation principles, tax-based valuation principles, or for statistical or cost-accounting purposes. This ensures continuous compliance with country-specific regulations. Throughout the fixed asset lifecycle the values for depreciation are calculated and posted automatically and provided in various reports. Accounts Receivable AccountantFixed Asset AccountantAccounts PayableAccountantEmployeeOperational BuyerBusiness ValueScenario FlowFurther Information

2. Scenario/ProcessesFixed Asset ManagementScenario OverviewScenario ExplorerOpen LegendScenario DescriptionClick process chevrons for detailsThe following business roles are involved in this scenario:The Fixed Asset Management business scenario allows you to manage your fixed asset accounting. It covers the entire life cycle of your fixed assets, from purchasing, including fixed assets under construction, through to asset retirement or sale. The solution enables you to value your fixed assets in parallel, in accordance with local and international valuation principles, tax-based valuation principles, or for statistical or cost-accounting purposes. This ensures continuous compliance with country-specific regulations. Throughout the fixed asset lifecycle the values for depreciation are calculated and posted automatically and provided in various reports. Fixed Asset AccountantAccounts PayableAccountantEmployeeOperational Buyer<Role Name><Role Name>LegendClose LegendProcess mainly driven by the userProcess mainly driven by the systemManual process not supported by the systemProcess that communicates with third-party software (mouse-over for details)Process with relevance to FinancialsRelated scenarioInfo button with more informationBusiness ValueScenario FlowFurther InformationConfirming Goods and Services ReceiptsProcessing Purchase OrdersReturning GoodsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and Payments

3. Scenario/ProcessesFixed Asset ManagementProcess Details: Processing Purchase OrdersScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsConfirming Goods and Services ReceiptsReturning GoodsProcessing Supplier InvoicesAcquiring Fixed Assets ManuallyProcessing Purchase OrdersCreate and maintain a purchase orderiAcknow-ledge a purchase orderiMonitor a purchase orderiApprove a purchase orderiSend a purchase orderiThe Processing Purchase Orders business process enables you to work on automatically created purchase orders, or manually create a purchase order with or without reference to a contract or a list price. You can also search in a supplier catalog for the products to be ordered. The purchase order can contain stock material with or without product specification, services, or non-stock material that can be ordered for different purposes (for example, for costs centers, projects, or as an individual material within an asset procurement process).You can also create third-party purchase orders for materials and services manually, which can be assigned to sales orders, service orders, or customer projects. If all relevant data is maintained, the purchase order is sent to the supplier, which can also be an affiliated company that uses either SAP Business ByDesign or SAP ERP. It is also possible that an approval procedure depending on the purchase order value is in place. Optionally, a purchase order acknowledgment can be used. The process can have multiple degrees of automation.Performed byOperational BuyerIn the Work CenterPurchase Requests and Orders Processing Payables and Payments XBusiness ValueScenario FlowFurther Information

4. Scenario/ProcessesFixed Asset ManagementProcess Details: Confirming Goods and Services ReceiptsScenario ExplorerProcess DescriptionFurther InformationClick process chevrons for detailsProcessing Purchase OrdersReturning GoodsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsConfirming Goods and Services Receipts – Non-Stock Materials and ServicesCreate a goods and services receiptApprove a goods and services receiptiiXThe Confirming Goods and Services Receipts business process enables you to create goods and services receipts for non-stock materials and services and related expenses. You can manage and track the delivery of materials and the completion of services in the system. In cases where services have been completed and time sheets have been created by service agents in Time and Labor Management (TLM), goods and services receipts are created automatically from the time sheet entries.When you post the goods and services receipt, the system automatically forwards the data to Financials and posts it there.Goods and services receipt processes do not support the receipt of stock materials. The Supply Chain Management part of the solution supports the receipt of stock materials into your warehouse through its inbound processes.Performed byOperational BuyerEmployeeIn the Work Center(s)Goods and Services Receipts Home Business ValueScenario FlowFurther Information

5. Scenario/ProcessesFixed Asset ManagementProcess Details: Returning GoodsScenario ExplorerProcess DescriptionFurther InformationClick process chevrons for detailsConfirming Goods and Services ReceiptsProcessing Purchase OrdersProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsReturning Goods – Non-Stock MaterialsCreate a goods returniXThe Returning Goods business process enables you to return a material to a supplier, for example, because the wrong material was delivered, it was damaged, or you no longer need it. If you have already posted a goods and services receipt for it, you need to create a goods return in the system, which reports the return of the material to the supplier. The goods return process allows you to manage and track all goods returns, which also helps your accountants with their supplier invoicing and accounting processes.When you post the goods return, the system automatically forwards the data to Financial Management and posts it there.Goods return processes do not support the return of services, expense items, or stock materials. The Supply Chain Management part of the solution supports the return of stock materials into your warehouse through its outbound processes.Performed byOperational BuyerEmployeeIn the Work CentersGoods and Services Receipts Home Business ValueScenario FlowFurther Information

6. Scenario/ProcessesAcquiring Fixed Assets ManuallyProcessing Supplier InvoicesFixed Asset ManagementProcess Details: Processing Supplier InvoicesScenario ExplorerProcess DescriptionCreate a supplier invoiceResolve a supplier invoice exceptionApprove a supplier invoiceFurther InformationXiiiClick process chevrons for detailsProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsPerformed byAccounts PayableAccountantIn the Work CenterSupplier Invoicing …The Processing Supplier Invoices business process enables you as an accountant to enter, verify, and post invoices, credit memos, and down payment requests that you received from your supplier by fax or by mail. Alternatively, your supplier, which can also be an affiliated company, can send you these documents electronically as XML messages. An automated invoice-verification process compares all supplier invoices with their corresponding purchase documents, if available. You can also charge supplier invoice items to partner companies, and you can distribute additional costs, such as freight, among all other supplier invoice items.When the supplier invoice is complete and correct, you post it. The supplier invoice is then used to pay your suppliers. You can create individual materials as a prerequisite for direct asset purchase. Business ValueScenario FlowFurther Information

7. Scenario/ProcessesFixed Asset ManagementProcess Details: Acquiring Fixed Assets ManuallyScenario ExplorerProcess DescriptionFurther InformationClick process chevrons for detailsThe Acquiring Fixed Assets Manually business process enables you to manually acquire fixed assets without a prior business process. You can also make subsequent adjustments to acquisition costs and capitalize fixed assets produced in-house. The Acquiring Fixed Assets business process enables you to purchase or create fixed assets and capitalize a range of fixed assets in your company. As described in the Processing Supplier Invoices process, in the integrated procurement process, you refer an item in a purchase order, a goods receipt, or a supplier invoice to a product category relevant for fixed assets. Based on this, the system can automatically create individual materials, parts of fixed assets, corresponding master data records, and take into account acquisition costs. In addition, you can post subsequent acquisition costs on fixed assets per individual material.In the Work CenterFixed Assets Performed byFixed AssetAccountantXProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsCreating Customer InvoiceProcessing Receivables and PaymentsProcessing Payables and Payments Acquiring Fixed Assets ManuallyCreate a fixed asset master data record manuallyCreate new charge or credit manuallyPost acquisition costs manuallyiiiX…Click here to display process variantsXBusiness ValueScenario FlowFurther Information

8. Scenario/ProcessesScenario/ProcessesFixed Asset ManagementProcess Details: Acquiring Fixed Assets ManuallyScenario ExplorerProcess DescriptionFurther InformationClick process chevrons for detailsThe Acquiring Fixed Assets Manually business process enables you to manually acquire fixed assets without a prior business process. You can also make subsequent adjustments to acquisition costs and capitalize fixed assets produced in-house. The Acquiring Fixed Assets business process enables you to purchase or create fixed assets and capitalize a range of fixed assets in your company. As described in the Processing Supplier Invoices process, in the integrated procurement process, you refer an item in a purchase order, a goods receipt, or a supplier invoice to a product category relevant for fixed assets. Based on this, the system can automatically create individual materials, parts of fixed assets, corresponding master data records, and take into account acquisition costs. In addition, you can post subsequent acquisition costs on fixed assets per individual material.In the Work CenterFixed Assets Performed byFixed AssetAccountantXProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsCreating Customer InvoiceProcessing Receivables and PaymentsProcessing Payables and Payments Acquiring Fixed Assets ManuallyCreate a fixed asset master data record manuallyCreate new charge or credit manuallyPost acquisition costs manuallyiii…Click here to hide process variantsAcquiring Fixed Assets with Retroactive CapitalizationAcquiring Fixed Assets with Assets under ConstructioniiBusiness ValueScenario FlowFurther InformationX

9. Scenario/ProcessesProcessing Payables and Payments - Processing Payments AutomaticallyFixed Asset ManagementProcess Details: Processing Payables and PaymentsScenario ExplorerProcess DescriptionCheck and release a payment proposalApprove a paymentCreate a payment medium and send to bank or payeeFurther InformationXClick here to display process variantsiiiClick process chevrons for detailsProcessing Supplier InvoicesValuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsProcess a bank statementiAllocate a paymentiThe Processing Payables and Payments business process enables the processing of outgoing payments initiated either internally by your company or externally by your suppliers. If payments are initiated internally, they can be made manually, or automatically via a payment run in which the system proposes the open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run. The standard work center provides checks, outgoing bank transfers, credit memos, as well as other country-specific payment methods. Once the payments have been debited from the bank account, the bank statement is entered in the system, in which it is uploaded electronically or entered manually, before being confirmed. If payments are initiated externally, the bank statement provides the notification that a payment has been made. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts PayableAccountantIn the Work CentersPayablesPayment ManagementLiquidity Management…Business ValueScenario FlowFurther Information

10. Scenario/ProcessesProcessing Payables and Payments - Processing Payments AutomaticallyFixed Asset ManagementProcess Details: Processing Payables and PaymentsScenario ExplorerProcess DescriptionCheck and release a payment proposalApprove a paymentCreate a payment medium and send to bank or payeeFurther InformationClick here to display process variantsiiiClick process chevrons for detailsProcessing Supplier InvoicesValuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsProcess a bank statementiAllocate a paymentiThe Processing Payables and Payments business process enables the processing of outgoing payments initiated either internally by your company or externally by your suppliers. If payments are initiated internally, they can be made manually, or automatically via a payment run in which the system proposes the open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run. The standard work center provides checks, outgoing bank transfers, credit memos, as well as other country-specific payment methods. Once the payments have been debited from the bank account, the bank statement is entered in the system, in which it is uploaded electronically or entered manually, before being confirmed. If payments are initiated externally, the bank statement provides the notification that a payment has been made. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts PayableAccountantIn the Work CentersPayablesPayment ManagementLiquidity Management…The accountant releases the payment that the manager has approved, if required. The system creates the payment medium in an automatic run or the accountant creates it manually. The system provides checks and outgoing bank transfers and the option of remittance advices. The accountant prints checks and sends them by mail to the payee. Bank transfers stored in a file are sent by the accountant to the bank or are uploaded to the banking software. XBusiness ValueScenario FlowFurther InformationX

11. Scenario/ProcessesProcessing Payables and Payments - Processing Payments AutomaticallyFixed Asset ManagementProcess Details: Processing Payables and PaymentsScenario ExplorerProcess DescriptionCheck and release a payment proposalApprove a paymentCreate a payment medium and send to bank or payeeFurther InformationClick here to display process variantsiiiClick process chevrons for detailsProcessing Supplier InvoicesValuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsProcess a bank statementiAllocate a paymentiThe Processing Payables and Payments business process enables the processing of outgoing payments initiated either internally by your company or externally by your suppliers. If payments are initiated internally, they can be made manually, or automatically via a payment run in which the system proposes the open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run. The standard work center provides checks, outgoing bank transfers, credit memos, as well as other country-specific payment methods. Once the payments have been debited from the bank account, the bank statement is entered in the system, in which it is uploaded electronically or entered manually, before being confirmed. If payments are initiated externally, the bank statement provides the notification that a payment has been made. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts PayableAccountantIn the Work CentersPayablesPayment ManagementLiquidity ManagementThe system receives information about the processed payments in a bank statement, lockbox, or bank advice, and allocates them to the appropriate process or matches them against the payments created in the system. If allocation is not possible, the accountant has to process it manually in a system-generated task.…XBusiness ValueScenario FlowFurther InformationX

12. Scenario/ProcessesProcessing Payables and Payments - Processing Payments AutomaticallyFixed Asset ManagementProcess Details: Processing Payables and PaymentsScenario ExplorerProcess DescriptionCheck and release a payment proposalApprove a paymentCreate a payment medium and send to bank or payeeFurther InformationClick here to hide process variantsiiClick process chevrons for detailsProcessing Supplier InvoicesValuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsProcess a bank statementiAllocate a paymentiThe Processing Payables and Payments business process enables the processing of outgoing payments initiated either internally by your company or externally by your suppliers. If payments are initiated internally, they can be made manually, or automatically via a payment run in which the system proposes the open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run. The standard work center provides checks, outgoing bank transfers, credit memos, as well as other country-specific payment methods. Once the payments have been debited from the bank account, the bank statement is entered in the system, in which it is uploaded electronically or entered manually, before being confirmed. If payments are initiated externally, the bank statement provides the notification that a payment has been made. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts PayableAccountantIn the Work CentersPayablesPayment ManagementLiquidity ManagementProcessing Payments Automatically Processing Payments Manually with Bills of Exchange Processing Payments Manually with Open Item Clearing Processing Payments with Petty Cash iiii…iBusiness ValueScenario FlowFurther InformationX

13. Scenario/ProcessesFixed Asset ManagementProcess Details: Valuating Fixed AssetsScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments RetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsValuating Fixed AssetsPost a write-up manuallyXClick here to display process variantsiThe Valuating Fixed Assets business process enables you to value your fixed assets in parallel, in accordance with different accounting principles. Based on acquisition and production costs and regulations on valuation, fixed assets are subject to write-up, write-down, depreciation, accelerated depreciation, or revaluation during their life cycle. Values for depreciation and special tax depreciation are calculated automatically based on the depreciation method entered in the master data record. During the process, you trigger the depreciation run, which posts the automatically calculated values to the corresponding general ledger accounts. You can also manually post a write-down for a fixed asset which decreases in value due to damage or other extraordinary circumstances, as opposed to depreciation due to normal usage. You can post a write-up to reverse any depreciation posted in a previous fiscal year.Some country-specific and international accounting principles allow you to value fixed assets at fair value, which you can take into account when manually posting revaluation. Performed byFixed Asset AccountantIn the Work CenterFixed Assets Business ValueScenario FlowFurther Information

14. Scenario/ProcessesFixed Asset ManagementProcess Details: Valuating Fixed AssetsScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments RetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsValuating Fixed AssetsPost a write-up manuallyClick here to hide process variantsiThe Valuating Fixed Assets business process enables you to value your fixed assets in parallel, in accordance with different accounting principles. Based on acquisition and production costs and regulations on valuation, fixed assets are subject to write-up, write-down, depreciation, accelerated depreciation, or revaluation during their life cycle. Values for depreciation and special tax depreciation are calculated automatically based on the depreciation method entered in the master data record. During the process, you trigger the depreciation run, which posts the automatically calculated values to the corresponding general ledger accounts. You can also manually post a write-down for a fixed asset which decreases in value due to damage or other extraordinary circumstances, as opposed to depreciation due to normal usage. You can post a write-up to reverse any depreciation posted in a previous fiscal year.Some country-specific and international accounting principles allow you to value fixed assets at fair value, which you can take into account when manually posting revaluation. Performed byFixed Asset AccountantIn the Work CenterFixed Assets Valuating Fixed Assets with Manual DepreciationValuating Fixed Assets with Depreciation RunValuating Fixed Assets with RevaluationsiiiBusiness ValueScenario FlowFurther InformationX

15. Scenario/ProcessesScenario/ProcessesFixed Asset ManagementProcess Details: Creating Customer Invoices ManuallyScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyTransferring Individual Materials Processing Receivables and PaymentsCreating Customer Invoices ManuallyTransfer invoice requestsRelease an invoiceXiiIn the Creating Customer Invoices Manually process, you enter details for the invoice requests manually. In the Work CenterCustomer Invoicing Performed byAccounts Receivable AccountantBusiness ValueScenario FlowFurther Information

16. Scenario/ProcessesFixed Asset ManagementProcess Details: Transferring Individual MaterialsScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceProcessing Receivables and PaymentsTransferring Individual Materials Select a fixed assetTransfer an individual materialiiThe Transferring Individual Materials business process enables you to transfer individual materials either partially or completely from one fixed asset to another. This might be relevant for assets under construction if you want to manually transfer the acquisition and production costs at the end of the production process from the asset under construction to regular tangible assets.Performed byFixed AssetAccountantIn the Work CenterFixed Assets XClick here to display process variantsBusiness ValueScenario FlowFurther Information

17. Scenario/ProcessesFixed Asset ManagementProcess Details: Transferring Individual MaterialsScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsRetiringFixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceProcessing Receivables and PaymentsTransferring Individual Materials Select a fixed assetTransfer an individual materialiiThe Transferring Individual Materials business process enables you to transfer individual materials either partially or completely from one fixed asset to another. This might be relevant for assets under construction if you want to manually transfer the acquisition and production costs at the end of the production process from the asset under construction to regular tangible assets.Performed byFixed AssetAccountantIn the Work CenterFixed Assets Click here to hide process variantsTransferring Individual Materials PartiallyBusiness ValueScenario FlowFurther InformationX

18. Scenario/ProcessesFixed Asset ManagementProcess Details: Retiring Fixed Assets CompletelyScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsRetiring Fixed Assets Completely Select a fixed assetPost scrapping of a fixed assetClick here to display process variantsiiThe Retiring Fixed Assets Completely business process allows you to manually retire fixed assets from your company.As described in the Creating Customer Invoices process, you can also sell a fixed asset in the integrated sales process. By assigning an individual material in a customer invoice item, you can post the retirement of an individual material together with the sales revenue and receivables in one easy step. If the individual material and fixed asset are uniquely assigned, the fixed asset is retired as well. Depending on whether the asset sale results in a profit or loss, the system posts the retiring net book value and the revenue to different accounts. Performed byFixed AssetAccountantIn the Work CenterFixed Assets XBusiness ValueScenario FlowFurther Information

19. Scenario/ProcessesFixed Asset ManagementProcess Details: Retiring Fixed Assets CompletelyScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials Processing Receivables and PaymentsThe Retiring Fixed Assets Completely business process allows you to manually retire fixed assets from your company.As described in the Creating Customer Invoices process, you can also sell a fixed asset in the integrated sales process. By assigning an individual material in a customer invoice item, you can post the retirement of an individual material together with the sales revenue and receivables in one easy step. If the individual material and fixed asset are uniquely assigned, the fixed asset is retired as well. Depending on whether the asset sale results in a profit or loss, the system posts the retiring net book value and the revenue to different accounts. Performed byFixed AssetAccountantIn the Work CenterFixed Assets Retiring Individual MaterialsiRetiring Fixed Assets Completely Select a fixed assetPost scrapping of a fixed assetClick here to hide process variantsiiBusiness ValueScenario FlowFurther InformationX

20. Scenario/ProcessesRetiringFixed AssetsFixed Asset ManagementProcess Details: Processing Receivables and PaymentsScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceTransferring Individual Materials The Processing Receivables and PaymentsEnter a remittance adviceProcess a bank statementAllocate a paymentiiiClear a paymentiClick here to display process variantsThe Processing Receivables and Payments business process enables the processing of incoming payments, initiated either internally by your company or externally by your customers. The process uses country-specific payment methods. If payments are initiated internally, they are made manually, or automatically via a payment run in which the system proposes open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run, using files for direct debit or credit card payments. It is also possible to upload credit card statements to pre-confirm payments. When the payments are credited to the company's bank account, the bank statement is entered in the system, either uploaded electronically or entered manually, before being confirmed. If payments are initiated externally by the customer, the bank statement provides notification of payment. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts Receivable AccountantIn the Work CentersReceivablesPayment ManagementLiquidity Management XBusiness ValueScenario FlowFurther Information

21. Scenario/ProcessesRetiringFixed AssetsCreating Customer InvoiceScenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsAcquiring Fixed Assets ManuallyTransferring Fixed AssetsThe Processing Receivables and PaymentsEnter a remittance adviceProcess a bank statementAllocate a paymentiiiClear a paymentiClick here to display process variantsThe Processing Receivables and Payments business process enables the processing of incoming payments, initiated either internally by your company or externally by your customers. The process uses country-specific payment methods. If payments are initiated internally, they are made manually, or automatically via a payment run in which the system proposes open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run, using files for direct debit or credit card payments. It is also possible to upload credit card statements to pre-confirm payments. When the payments are credited to the company's bank account, the bank statement is entered in the system, either uploaded electronically or entered manually, before being confirmed. If payments are initiated externally by the customer, the bank statement provides notification of payment. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts Receivable AccountantIn the Work CentersReceivablesPayment ManagementLiquidity Management The system receives information about the processed payments in a bank statement, lockbox, or bank advice, and allocates them to the appropriate process or matches them against the payments created in the system.If allocation is not possible, the accountant has to process it manually in a system-generated task. XFixed Asset ManagementProcess Details: Processing Receivables and PaymentsBusiness ValueScenario FlowFurther InformationX

22. Scenario/ProcessesRetiringFixed AssetsTransferring Individual Materials Scenario ExplorerProcess Description…Further InformationClick process chevrons for detailsProcessing Supplier InvoicesProcessing Payables and Payments Valuating Fixed AssetsAcquiring Fixed Assets ManuallyCreating Customer InvoiceThe Processing Receivables and PaymentsEnter a remittance adviceProcess a bank statementAllocate a paymentiiiClear a paymentiClick here to hide process variantsThe Processing Receivables and Payments business process enables the processing of incoming payments, initiated either internally by your company or externally by your customers. The process uses country-specific payment methods. If payments are initiated internally, they are made manually, or automatically via a payment run in which the system proposes open items for payment. You then release the payments and the system posts them to accounting. You create the payment medium, either manually or as part of an automatic run, using files for direct debit or credit card payments. It is also possible to upload credit card statements to pre-confirm payments. When the payments are credited to the company's bank account, the bank statement is entered in the system, either uploaded electronically or entered manually, before being confirmed. If payments are initiated externally by the customer, the bank statement provides notification of payment. The payments are matched in the system to the open invoices before being cleared.Performed byAccounts Receivable AccountantIn the Work CentersReceivablesPayment ManagementLiquidity Management Processing Externally-Initiated Payments by Incoming CheckProcessing Externally-Initiated Payments by Incoming Check with LockboxProcessing Externally-Initiated Payments by Multiple Incoming ChecksProcessing Incoming Payments by Bill of Exchange Processing Incoming Payments with Petty CashProcessing Internally-Initiated Payments by Credit CardProcessing Internally-Initiated Payments by Direct Debit iiiiiiiFixed Asset ManagementProcess Details: Processing Receivables and PaymentsBusiness ValueScenario FlowFurther InformationX

23. DeactivateSettleValuateAcquireProcess Supplier InvoiceCreate Fixed Asset Master Data Transfer Individual Materials Create InvoiceProcess Receivablesand Post to Ledger Retire Fixed AssetValuate with Revaluations Valuate with Write-UpsValuate with Manual Depreciation Fixed Asset Management Business ValueScenario ExplorerOverviewKey BenefitsProcess PaymentFixed Asset Management reduces the time and energy it takes to manually perform the necessary accounting procedures, allowing you to focus on other tasksYou can value your fixed assets quickly and easily In accordance with local book valuation or tax-based valuation In accordance with international accounting principles For statistical or cost-accounting purposes To ensure continuous compliance with country-specific regulationsYou can track and report assets accurately in a fully-integrated environment The scenario improves efficiency through greater use of automation, such as the creation of fixed asset master data records including the calculation of acquisition costs This scenario is ideal for financial professionals at midsize companies who want to efficiently manage fixed asset accounting. You can value your fixed assets in accordance with different accounting principles. SAP Business ByDesign helps efficiently manage the entire life cycle of your fixed assets, from their purchase or first acquisition, through to retirement or sale. Business ValueScenario/ProcessesScenario FlowFurther Information

24. Dotted line = optionalFixed Asset ManagementScenario Flow:LegendWork center in which process is performedBusiness document flowProcess related to FinancialsRelated scenariosProcess mainly driven by the userProcess variant1Process variant 2Scenario ExplorerWork Centerwith Retroactive CapitalizationBy Assets under constructionManuallyAcquiring Fixed AssetsProcure-to-Pay (Non-Stock)CompletelyPartiallyTransferring Fixed AssetCompletely Individual MaterialRetiring Fixed AssetsExternally initiated payment by incoming check Externally initiated payment by incoming bank transferInternally initiated by direct debit Account maintenance - Standard variantProcessing Receivables and PaymentsManual Payment with Open Item ClearingPayment by Petty Cash….Processing Payables and PaymentsProcessing Supplier InvoicesManuallyCreating Customer InvoiceWith Deprecation RunBy manual DeprecationBy Write-UpsBy RevaluationsValuating Fixed AssetsProcessing Purchase OrdersConfirming Goods and Services ReceiptsPurchaseRequests and OrdersSupplier InvoicingPayment ManagementGoods andServices ReceiptsPayment ManagementFixed AssetsCustomer InvoicingHome Business ValueScenario/ProcessesScenario FlowFurther InformationFixed AssetsFixed Assets

25. Fixed Asset ManagementFurther InformationScenario ExplorerForum Get in touch with experts to discuss your specific requirements. To enter the community, click here.*More DetailsSAP provides a complete product documentation, covering all aspects of the business scenario. For more details, click here.Self-Enablement SystemsIf you want to try out the business scenario, click here.*WIKIIn addition to the product documentation, SAP provides Wikis that describe additional aspects of SAP Business ByDesign. To access the WIKI, click here.*Do you want to try it out?Do you need more information?Do you want to discuss with others?VV* Note that to access the links above you need to have a user in SAP Business Center. If you cannot access the page directly and if you are using Microsoft Internet Explorer®, please check http://support.microsoft.com/kb/890474.Further InformationBusiness ValueScenario/ProcessesScenario Flow