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customer master

what is the use of cash management group in customer master in company code data

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 22, 2007 at 06:37 AM

    The customers and vendors in cash management and forecast are assigned to a planning group that reflects certain characteristics, risks or the type of business relationship in question, for example:

    Customer - Bank collection

    Customer - Loan ( Housing/personal/car)

    This arrangement enables you to break down the display of the cash forecast according to the reliability of your forecasts regarding the outflow or inflow of cash, Which in turn Benifits the FI to Manage reports and disect the reports based on these groups.

    Hope this helps

    Cheers

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  • Posted on Dec 22, 2007 at 06:39 AM

    Dear Rohith

    In cash management, customers and vendors are allocated to planning groups by means of an entry made in the master record.

    You can define these planning groups in Customizing or the Implementation Guide (you will need to ensure that they are all the same length). In order to improve the liquidity forecast display for major customers and vendors, it can be advisable to enter their account number as the planning group.

    For the planning groups themselves a naming convention should be set up to improve liquidity forecasting. In the following examples, the customer planning groups begin with an "R" for receipts, and the vendor planning groups begin with an "E" for expenses.

    Examples

    R1 Customers paying by bank collection

    R2 Other domestic customers

    R3 Customers abroad

    R4 Affiliated company customers

    R5 High risk customers

    R6 Major customers

    R7 Rental income

    R8 Repayment of loans

    ...

    E1 Domestic vendors

    E2 Vendors abroad

    E3 Affiliated company vendors

    E4 Major vendors

    E5 Personnel costs

    E6 Taxes

    E7 Investments

    Thanks

    G. Lakshmipathi

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 22, 2007 at 06:39 AM

    hi,

    if u are using cash flow mgmt in ur system then u need to define the cash flow grp under which the cust falls here. its closely related to FI and is used to monitor the cash flow positions of the various grps like sales offices.

    saurabh

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