Contract Accounting - Master Data and Basic Functions (2AR)

Business Partner and Contract Management allows you to create and manage master data of a business partner and a contract account for Contract Accounts Receivable and Payable (FI-CA). In addition, you can analyze whether business partner data can be deleted to satisfy data privacy constraints in SAP S/4HANA. Furthermore, you can create and print correspondence.

Key Process Steps Covered

Create a business partner
Create a contract account
Check if a business partner can be blocked
Analyze business partner data

Benefits

Create and change customer master data simply with SAP Fiori apps
Create and change contract accounts to allow the invoicing of customers and posting of receivables and credits

Where is Contract Accounting - Master Data and Basic Functions(2AR) being used?

This Scope item is used in the following way:

As a core function of Subscription Billing and Revenue Management within Finance Scope Item Group

Process flow of Contract Accounting - Master Data and Basic Functions (2AR)

Find below the process flow of the scope item Contract Accounting - Master Data and Basic Functions as it is defined for release s4h-2021.

Download Process Flow of Best Practice scenario Contract Accounting - Master Data and Basic Functions (2AR) - 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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