The date and time when the cash management parameters were last modified.
If this field is empty, you can modify the Cash Management parameters.
CMG Parameters (tfcmg0100s000)Use this session to maintain parameters that control the data in Cash Management. This session determines how processing of data from Accounts Payable and Accounts Receivable is carried out.
Payments Effective Date The date and time when the cash management parameters were last modified. If this field is empty, you can modify the Cash Management parameters. Description The description of the parameter set. Payment Options Payments by Company Group If this check box is selected, the group company will make the payments on behalf of the company. Example Company A, B, and C belong to a group company D. If this check box is cleared, payments can be created, either separately for company A, B, and C, or for company D. If this check box is selected, payments can be made only by the group company D on behalf of company A, B, and C. Group companies are defined in the Company Parameters (tfgld0503m000) session. Note To select invoices from other companies as well, leave this check box cleared and choose the appropriate setting in the Multi-Company Selection of Invoices for Payment field. Multi-Company Selection of Invoices for Payment If this parameter is set to Select Invoices or Both, you can select invoices from other companies, provided that for the other company both of the following applies:
Allowed values
Note
Select Only Finalized Invoices for Payment If this check box is selected, only finalized invoices are selected for payment from the Select Invoices for Payment (tfcmg1220m000) session. Invoices are finalized in the Finalization Process (tfgld1212s000) session. Note If you manually process an invoice that is not finalized in the Payment Advice Lines (tfcmg1101m000) session, you receive a warning. Select Non Approved Invoices for Payment If this check box is selected, non-approved order related invoices are also selected along with the approved invoices, in the Select Invoices for Payment (tfcmg1220m000) session. Invoices are approved in the following sessions of the Accounts Payable module:
Note This parameter is only applicable in the Select Invoices for Payment (tfcmg1220m000) session. There are other sessions for example the Payment Advice (tfcmg1609m000) session where invoices can manually be added to a payment run and no check is performed to this parameter. This parameter does not refer to approval for payment. Invoices can only be selected for payment if the Approved for Payment status is Yes or Not Applicable. Settle Payments with Sales Invoices If this check box is selected, the Settle Sales Invoices check box is selected by default in the Select Invoices for Payment (tfcmg1220m000) session and sales invoices are included in the specified range of invoices selected for carrying out the payment procedure. Pay Credit Sales Invoices If this check box is selected, the Pay Sales Credit Notes check box is selected by default in the Select Invoices for Payment (tfcmg1220m000) session and sales credit notes are included in the specified range of invoices selected for carrying out the payment procedure. Invoke Payment Process after Selection If this check box is selected, the Uninterrupted Payment Run field in the Select Invoices for Payment (tfcmg1220m000) session is enabled. Payment Batch Approval If this check box is selected, an authorized user must approve the payment batch. You cannot make changes to an approved batch. You can authorize users in the Payment Authorizations (tfcmg1100m000) session. Payment Settings Bank Relation for Payments The default bank relation that you can link to the payment procedure. Last Payment Batch A batch that contains selected invoices to be paid. After you have checked this batch, LN can carry out the payment run and generate the payment documents. The last-created payment batch is displayed here, by default. When data is being set up for the first time in a company, the payment batch will be zero. Default Device for Payments Select the default output device code on which the payment reports must be printed. Payment Process Default ID Select the payment-process default ID code, which appears as a default value in the Select Invoices for Payment (tfcmg1220m000) session and Process Payments (tfcmg1240m000) session. This ID code is used to carry out an uninterrupted payment run. Withholding Tax Interim A/C for Withholding Tax The ledger account for anticipated payments of standing orders for withholding tax and social contributions payable at invoice payment. For withholding tax and social contributions amounts that are payable at invoice payment, the anticipated payments are posted to this ledger account. The dimensions are derived from the invoice-from business partner of the standing order. Deducted Bank Charges Deducted Bank Charge Account The ledger account for posting the bank charges that are subtracted from the amount paid to a Japanese supplier. Interim Deducted Bank Charge Account The interim account for posting the bank charges that are subtracted from the amount paid to a Japanese supplier. Interim Deducted Bank Charge Tax Account The interim account for posting the tax amount that is subtracted from the amount paid to a Japanese supplier. Direct Debits Direct Debit Options Direct Debits by Company Group If this check box is selected, the group company will collect the customer receipts on behalf of the company. Example Company A, B and C belong to a group company D. If this check box is cleared, customer receipts can be created either separately for each company or for all the companies in a group. If this check box is selected, only the group company can collect the customer receipts on behalf of company A, B, and C. Group companies are defined in Company Parameters (tfgld0503m000) session. Note To select invoices from other companies as well, leave this check box cleared and choose the appropriate setting in the Multi-Company Selection of Invoices for Direct Debits field. Multi-Company Selection of Invoices for Direct Debits If this parameter is set to Select Invoices or Both, you can select invoices from other companies, provided that for the other company both of the following applies:
Allowed values
Note
Select Only Finalized Invoices for Direct Debits If this check box is selected, only finalized invoices are selected in the Select Invoices for Direct Debit (tfcmg4220m000) session. Invoices are finalized in the Finalization Process (tfgld1212s000) session. Note If you manually process an invoice that is not finalized in the Direct Debit Advice (tfcmg4609m000) session, you receive a warning. Settle Direct Debits with Purchase Invoices If this check box is selected, the Settle Purchase Invoices option is selected by default in the Select Invoices for Direct Debit (tfcmg4220m000) session and they are included in the specified range of invoices selected for the direct-debit procedure. Select Non Approved Invoices for Direct Debits If this check box is selected, not only the approved, but also the non-approved invoices are selected in the Select Invoices for Direct Debit (tfcmg4220m000) session. Debit Purchase Credit Invoices If this check box is selected, outstanding purchase credit notes are selected during the generation of a direct debit advice in Select Invoices for Direct Debit (tfcmg4220m000) session, and you can enter a range of purchase credit notes. Invoke Direct Debits Process after Selection If this check box is selected, the receipt process automatically after you have selected invoices in the Select Invoices for Direct Debit (tfcmg4220m000) session. Direct debits can be processed automatically, without user interaction, in the same way as payments are processed automatically. The transactions that cannot be processed correctly are moved to a separate batch. After the direct debit run has finished, you can solve the problems and then process this batch. Direct Debit Batch Approval If this check box is selected, an authorized user must approve the direct debit batch. You cannot make changes to an approved batch. You can authorize users in the Payment Authorizations (tfcmg1100m000) session. Direct Debit Settings Bank Relation for Direct Debits The bank relation you must link to the direct debit procedure. Last Direct Debit Batch The last created direct debit batch is displayed here. For a company in which you are setting up data for the first time, the value in this field will be zero. Default Device for Receipts The output device to which the receipts file must be sent by default. Direct Debit Process Default ID The set of default values for the output devices, the transaction dates, the financial periods, and so on, to be used for direct debit processes. If you leave this field empty, the Uninterrupted direct debit run check box and the Direct Debit Process Default ID field in the Select Invoices for Direct Debit (tfcmg4220m000) session are not available. The direct debit process default ID is the default value of the new Direct Debit Process Default ID field in these sessions:
Direct Debit Mandate Number Group The number group to be used for direct debit mandates. Mandate Series The series to be used for direct debit mandates. Cash Details Advance Payments/Receipts Calculate Tax on Advance Payments/Receipts If this check box is selected, tax amounts charged on advance payments and advance receipts are calculated. If you select this check box, you can specify the ledger accounts for the tax amounts in the Purchase Tax on Assignment of Advance Payments Sales Tax on Assignment of Advance Receipts fields in one of these sessions:
The advance payment or receipt amount must exceed or match the amount specified in the Minimum Amount for Tax Calculation field. Allow Advance Payment Category If this check box is selected, LN determines the ledger account from the financial business partner group based on the advance payment category. Businesses in Germany are legally required to make a distinction between advance payments made for these categories. If this check box is selected, you can select an advance payment category in the Payment Advice Lines (tfcmg1101m000) session. Minimum Amount for Tax Calculation The minimum amount for which LN calculates and posts tax amounts on advance payments and advance receipts. Local Currency The local currency in which the amount for tax calculation is expressed. Withholding Tax Withholding Tax on Advance Payments If this check box is selected, the withholding tax is levied on advance payments. The field is available only if you select the Calculate Tax on Advance Payments/Receipts check box. Note You must define ledger accounts for withholding tax amounts in the Purchase Tax on Advance Payments and Purchase Tax on Assignment of Advance Payments fields for these sessions:
Reverse Document during Assignment The document to post the contra entry for the withholding tax amount. The withholding tax amount is posted twice during assignment of the advance and on the invoice. One of the tax amounts in the below documents must be reversed, to provide the correct tax amount. Select the document on which the contra entry must be posted.
Statistics/Cash Forecast Home Currency for Cash Forecast Select the home currency code for cash forecast. Note When you change the home currency for cash forecast, all the earlier records in Cash Forecast are deleted. Use Euro Instead of EMU Currencies If this check box is selected, LN converts amounts in EMU currencies to euro before updating the cash forecast. Consequently, your cash forecast does not show any EMU currencies. Electronic Bank Statements Transaction Date in Case of Telebanking Select the date that you want to use as the document date in the matching results of the electronic bank statements (EBS) process.
Number Group The number group to be used for electronic bank statements. Note
Transaction Series The series to be used for electronic bank statements. Note
Cash Application Options Allow Overpayment To enable overpayment for a remittance advice during the cash application process, select this check box. Consequently, an invoice can have a negative balance. Note Required for evaluated receipt settlement (ERS). Allow No Action for Overpayment If you select this check box, Default Action for Overpayment is set to No Action. Default Action for Overpayment Select one of the options to define the way you want to handle the overpayment amount. Allowed values
Allow Underpayment To enable underpayment for a remittance advice during the cash application process, select this check box. Note Required for evaluated receipt settlement (ERS). Allow Debit Note for Underpayment Select this check box to create debit notes for underpayments. Default Action for Underpayment Select one of the options to define the way you want to handle the underpayment amount. Allowed values
Allow No Invoice Found Select this check box to indicate a default action if, based on the shipment reference communicated in the remittance advice, no corresponding Accounts Receivable invoice can be found. Note Required for evaluated receipt settlement (ERS). Default Action No Invoice Found Select one of the options to define the way you want to handle this situation. Allowed values
Default Remittance Advice Reason The default reason code to be used for applying invoices with the remittance advice and proceeding without interruptions in case of:
Note Required for evaluated receipt settlement (ERS). Remittance Advice Number Group The number group to be used for remittance advice. Note Required for evaluated receipt settlement (ERS). Series The series to be used for remittance advice. Note Required for evaluated receipt settlement (ERS). Miscellaneous Deductions LPS/Discount for Partial Payments Select one of the options for calculating the discount, late payment surcharge, and payment difference for partial payments/receipts. Adjust Tax for Deductions If this check box is selected, LN can adjust the tax amounts registered for a sales invoice. If the payment amount differs from the invoice amount LN can recalculate the tax amount at the receipt/payment of an invoice. The difference can be due to a discount, the deduction of late payment surcharges, or payment differences. The new tax amounts are based on the payment amount. Ledger Account for Deductions by The way in which you want to specify the ledger accounts for the posting of tax deductions. If you select the Adjust Tax for Deductions check box, you can select one of the following values:
Tolerances for Payment Difference Defaults Percentage of Invoice lower than expected The maximum allowed negative payment difference, expressed as a percentage of the invoice amount. Specify the maximum negative payment difference percentage that is tolerated by LN. This percentage must always be considered together with the amount entered in the Invoice Amount Lower than Expected field. If the amounts do not meet the criteria, LN will not give a default value for the maximum negative payment difference. For users for whom you do not define a specific tolerance in the Payment Authorizations (tfcmg1100m000) session, LN uses this tolerance amount. Percentage of Invoice higher than expected The maximum allowed positive payment difference, expressed as a percentage of the invoice amount. Specify the maximum positive payment difference percentage that is tolerated by LN. This percentage must always be considered together with the amount entered in the Invoice Amount Higher than Expected field. If the amounts do not meet the criteria, LN will not give a default value for the maximum positive payment difference. For users for whom you do not define a specific tolerance in the Payment Authorizations (tfcmg1100m000) session, LN uses this tolerance amount. Invoice Amount Lower than expected The reference currency. Invoice Amount Lower than Expected The maximum allowed negative payment difference amount. Specify the maximum negative payment difference that is tolerated by LN. This amount must always be considered together with the percentage defined in the Percentage of Invoice lower than expected field. If the amounts do not meet the criteria, LN will not give a default value for the maximum negative payment difference. For users for whom you do not define a specific tolerance in the Payment Authorizations (tfcmg1100m000) session, LN uses this tolerance amount. Invoice Amount Higher than Expected The maximum allowed positive payment difference amount. Specify the maximum positive payment difference that is tolerated by LN. This amount must always be considered together with the percentage defined in the Percentage of Invoice higher than expected field. If the amounts do not meet the criteria, LN will not give a default value for the maximum positive payment difference. For users for whom you do not define a specific tolerance in the Payment Authorizations (tfcmg1100m000) session, LN uses this tolerance amount. Bank File Settings Use Transaction Sequence Number If this check box is selected, transaction sequence numbers are used in the bank files. Transaction sequence numbers are required by some Norwegian and Swedish banks. If you select this check box, you can link a set of transaction sequence numbers to a bank in the Bank Branches (tfcmg0511m000) session. You define the transaction sequence number codes in the Transaction Sequence Number Code (tfcmg0513m000) session. Reason for Foreign Payment If this check box is selected, reasons for payments in foreign currencies are included in the bank files. Receipt Acknowledgement Number Group The number group used to generate serial numbers for receipt acknowledgements. In a multicompany structure, you can only specify a number group in the group company. Transaction Series The default series used to generate serial numbers for receipt acknowledgements. Each company of a financial company group must use a unique series. Receipt Acknowledgement - Vat on Cash Basis Number Group The number group used to generate serial numbers for receipt acknowledgements. In a multicompany structure, you can only specify a number group in the group company. Note This separate number group is required for tax payers in Portugal who opt for VAT on cash basis. For this scheme, receipt acknowledgements must be:
Transaction Series The default series used to generate serial numbers for receipt acknowledgements. Each company of a financial company group must use a unique series. Note This separate series is required for tax payers in Portugal who opt for VAT on cash basis. For this scheme, receipt acknowledgements must be:
Separate Ledger Account for Paid Advances Pay Advance Invoice/Payment Request Before Advance Installment Select the action LN must take if the integration transactions for advance receipt request are not posted and you create a receipt transaction for the advance installment invoice. Block Discount Exceeding Tolerance If this check box is selected, you cannot specify or accept a discount that exceeds the discount percentages defined in the Payment Terms (tcmcs0113s000) session. If this check box is cleared, a warning is displayed if you specify payment discounts higher than the discount percentages defined in the Payment Terms (tcmcs0113s000) session. Payment/Receipt Method for Checks Enter the payment/receipt method for checks. In the Select Invoices for Trade Notes (tfcmg4230m000) session, all invoices with this payment method are selected for direct debit procedure and for composing the checks. Shipment Receipts Against Shipments If this check box is selected, for each shipment line, LN generates the following:
Select this check box to:
If you clear the Receipts Against Shipments check box, LN creates invoices for sales orders according to the composing criteria you select in Invoicing. Credit notes can have a single payment schedule line. Performance aspects The setting of this field could affect system performance and database growth. For more information, refer to Unused concepts in Invoicing. Factoring Commission Ledger Account The default account to which factoring commissions must be posted. This must be a Profit & Loss account. In addition, you can specify the dimensions for the factoring commission as applicable. Dimensions The dimensions to which factoring commissions must be posted. Contingent Liability Ledger Account Dimensions The dimensions to which the factored amount must be posted. General Commission on Partial Payments The way in which you want to calculate and post the factoring commission on partial payments. Create debit notes while repaying To create debit notes, select this check box. To reopen the unpaid invoices, clear this check box. If this check box is selected, LN generates a debit note when you block the factor's invoice. If this check box is cleared, the original invoice is reopened when you block the factor's invoice. By default, the check box is cleared. Transaction Types Re-open/Unfactor Invoices The transaction type for a reopened invoice. The transaction category must be Sales Corrections. Settle/Unfactor Recourse Invoices The transaction type for the settlement transactions of factored invoices with recourse. If you settle a factored invoice with recourse, LN reverses the entries to the Contingent Liability account and the Invoice Factored account. The transaction category must be Journal Vouchers. Trade Notes Trade Notes If this check box is selected, the trade note functionality is available in Financials. Performance aspects The setting of this field could affect system performance and database growth. For more information, refer to Unused concepts in Cash Management. Minimum Trade Note Amount The minimum amount for which you want to create trade note documents. Currency for Trade Notes Generation The home currency in which you specify the minimum trade note amount. LN also uses this currency in the following sessions:
TNP Number Group The number group used to generate document numbers for trade notes payable when LN generates trade notes and when you enter trade notes manually. TNR Number Group The number group used to generate document numbers for trade notes receivable when LN generates trade notes and when you enter trade notes manually. Accounting Office for Trade Notes If this check box is selected, LN registers the department of each trade note step. If you select this check box, you can generate reports of the trade note balances by business partner and department. Reporting DAS 2 Z4 Z4 Reporting Applicable To enable Z4 reporting, select the appropriate option. Allowed values
Note For more information, refer to Bundesbank - Reporting system. Minimum Amount for Z4 Reporting The minimum amount to be used for Z4 reporting.
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