SAP Best Practices for SAP S/4HANA (on premise)

Accounts Payable (J60)

With Accounts Payable, you manage your open payable invoices that are automatically created from purchasing processes.
You manage and control open items with various analytical tools. You plan future payables and analyze the outcome of payme
Process your outstanding payables automatically and monitor payment progress. Optionally, you can also include a two-step a
Connect to SAP Multi-Bank Connectivity (MBC) to simplify the connectivity to the banks for payments and bank statements. A
For countries where this is relevant, you can also print checks.

Business Benefits
Integrate accounts payable into procurement
Record accounts payable posting directly in the general ledger
Payment program can automatically create instructions for bank transfers
Payment approval can be used for workflow
Use simple and secure connectivity for transacting with multiple financial institutes or download the payment instruction file f
Analyze the efficiency of your payment processing

Key Process Flows

Manage and complete supplier master data
Create invoice from logistics
Analyze outstanding payables
Pay invoice
Approve payments (optional)
Forward payments to banks via SAP Multi-Bank Connectivity (MBC) or download payment file
Analyze efficiency of payment processing

Accounts Payable Process flows

https://support.sap.com/content/dam/SAAP/Sol_Pack/Library/ProcessDiagrams/J60_S4HANA1909_Process_Overview_EN_IN

Accounts Payable Standard Test Scripts

AP Test Scripts
J60_S4HANA1
909_BP
D_EN_IN.docx
from purchasing processes.
analyze the outcome of payments, such as utilization of cash discounts and days payables outstanding.
u can also include a two-step approval for all outgoing payments.
ments and bank statements. Alternatively, you can also download generated payment files.

the payment instruction file for further manual processing

909_Process_Overview_EN_IN.htm
SAP Best Practices for SAP S/4HANA (on premise)

Accounts Receivable (J59)

With Accounts Receivable, you manage open receivables invoices that are automatically created from sales processes.
You manage and control open items with various analytical tools to optimize accounts receivables handling.
The primary source of incoming payments is incoming bank statements loaded within the Cash Management process. T
hey are automatically reconciled with open invoices. Easy-to-use views make the post processing of open items convenient an
Alternatively, manually post incoming payments and easily reconcile the payment with an open item.
Several analytical tools are available to monitor the receivables, allowing you to react quickly if you discover a declining payme
You can easily create dunning letters for overdue items and follow the dunning history of your customers.

Business Benefits
Integrate Accounts Receivable into sales management
Record Accounts Receivable postings directly in the General Ledger
Provide more detailed analysis of Accounts Receivable
Process dunning of overdue items easily

Key Process Flows

Manage and complete customer master data
Create invoices from logistics
Analyze open items
Reconcile open invoices with incoming payments automatically
Process unassigned incoming payments to open invoices easily and efficiently
Analyze efficiency of payment collection processing

Accounts Receivable Process flows

https://support.sap.com/content/dam/SAAP/Sol_Pack/Library/ProcessDiagrams/J59_S4HANA1909_Process_Overview_EN_XX

Accounts Receivable Standard Test Scripts

AR Test Scripts
J59_S4HANA1
909_BP
D_EN_GB.docx
d from sales processes.
es handling.
Management process. T
g of open items convenient and efficient.

you discover a declining payment discipline among your customers.

909_Process_Overview_EN_XX.htm