on 03-17-2009 7:35 AM
Dear Experts,
We would like to implement above transaction (TX01, TX02, etc) for foreign exchange. Has anyone had experiences about this issue? Kindly share for the documentation.
Thank you
Hi Puri,
- Could you please explain about the number range configuration, should we setting the number range since as far as I know that internal numbering will be defined by SAP automatically?
If it is assigned internal number range you need not define the number range. However in Define transaction types you will have to do the assignment of each transaction type to a number range.
- How about the business partner? I could not find the configuration in ST1.
The path is Treasury and Risk Management>Basic Functions>SAP Business Partner for Financial Services> General Settings>Business Partner>Basic Settings>Business Partner Roles
- What's the mening of 'correspondence? What is the function?
It deals with sending & receiving confirmatory notes to the parties involved in the transaction, in respect of its completeness and activities.
System keeps record of all communication & confirmations. It also monitor the overdue counter-confirmations.
Two Types:
Internal Correspondence: They are conveyed in the form of Dealing Slips, and are independent of business partner and primarily for internal confirmation.
External Correspondence: It helps in reconciling transaction with external parties. Partner-specific standing instruction are used to control the correspondence type. It also aid for counter confirmation.
Customizing Correspondence:
Defining Correspondence Types
Defining Correspondence Activities
Thank You.
Regards,
AVD
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Dear Puri,
Number range required for a basic forex transaction is only for "Transaction(01 in your case)".
Number range for underlying transaction is used for derivative transaction, which are extension/derived product from Forex. It is better to have external number range for reporting & analysis. This serves as document number in FI.
Regards
Arun
Hi Puri,
Following are the basic SPRO settings required for any Foreign Exchange transaction in CFM. Path is SPRO>Treasury and Risk Management>Foreign Exchange-->Transaction Management
Presuming that you have done all the configurations related to Business partner & taxes.
Define Product Types/Categories
Define Transaction Types/Categories
Number Range
For Transaction
For Underlying Transaction
Assign Foreign Exchange Attributes to Transaction Types
Activity Categories
Define Processing Types/Categories
Define Flow Types/Categories
Define Update Types
Note : Categories are predefined/given by SAP and cannot be modified / created.
Hope this helps.
Thank You.
Regards,
AVD
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Hi AVD,
Thanks a lot for your response.
- Could you please explain about the number range configuration, should we setting the number range since as far as I know that internal numbering will be defined by SAP automatically?
- How about the business partner? I could not find the configuration in ST1.
- What's the mening of 'correspondence? What is the function?
Thank you in advance.
Hi Puri,
Check this out : http://help.sap.com/saphelp_erp2005vp/helpdata/en/08/a9e139709ba63be10000000a114084/frameset.htm
TRM Transaction Manager
Thank You.
Regards,
AVD
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