Bank Guarantee Management (2NZ)

This scope item helps you to better manage your bank guarantee instruments. It supports common functionalities of bank guarantees without integration with sales functionality. Bank guarantee issuing and receiving are covered.

In addition to functions for creating and changing bank guarantees, the system also supports functions for rollover, contract settlement, and contract termination. Cash collateral and bank guarantee fees are also covered.

Key Process Steps Covered

Create financial transactions
Set settlement status
Execute payments for fees and cash collateral for bank guarantee issuing
Roll over transactions
Terminate transactions
Monitor and report on positions and financial transactions

Benefits

Review the status for trade finance instruments easily
Support the management of trade finance, including creation of the transactions, payments of cash collateral and bank fees, rollover, and termination of bank guarantees
Make better operational and strategic decisions using the comprehensive reporting and analysis tools
Improve internal operational compliance

Where is Bank Guarantee Management(2NZ) being used?

This Scope item is used in the following way:

As a support function of Treasury Management within Finance Scope Item Group

Process flow of Bank Guarantee Management (2NZ)

Find below the process flow of the scope item Bank Guarantee Management as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Bank Guarantee Management (2NZ) - S/4HANA OP

Ref: Finance of SAP S4H-2021

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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