Funding

Published on March 2017 | Categories: Documents | Downloads: 57 | Comments: 0 | Views: 467
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Carrying Out a Funds Transfer Use Use this to run a job that transfers funds from the Legal Suspense line item tab le to a pay table (such as the Owner Payable table). When the owner pay code for an owner changes, it can become necessary to transfe r funds that were recorded in the Legal Suspense line item table into a pay tabl e such as the Owner Payable table, so that the owner can be paid. For example, if there is a royalty owner who is owed money, but the payments hav e been recorded in the Suspense table for some reason, and the pay code for that owner changes, all those records for that owner in the Suspense table can now b e transferred to a pay table. This process triggers a job that pulls the records from the Legal Suspense table and transfers them to pay tables, after the pay code for the owner has changed. It also offsets the Legal Suspense table. A check is then issued for that owner in the next Check Write cycle. You can transfer funds within the same owner, or transfer funds from one owner t o many owners.

Note This process can also be run in reverse – the records from the Owner Payable table can be transferred to Legal Suspense. Procedure 1. From the SAP Easy Access menu, choose Logistics à Production and Revenue Acc ounting à Revenue Accounting à Revenue Distribution à Periodic Processing à Funds Transf er. The Funds Transfer screen is displayed. 2. At the Funds Transfer screen, to kick off the job, select Run.

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