Hi gurus,
Our customer is planning to apply a financial management strategy that allows the corporate companies make a Multi Bank Cash Concentration.
The main idea of cash pooling product is Zero Balancing where a group of accounts named sub-accounts are brought to a zero balance at the end of the day by transferring all credits to a master account in case of a credit balance or by receiving funds from the master accounts in case of a debit balance
The question is: This business process is supported by basic FI functionality or we need to implement another SAP product.
Any case, what do you recommend me?.
Thanks,
Luis