Contract Accounting - Open Item Management (2UJ)

Contract Accounting - Open Item Management (2UJ)

In this scope item, you handle open item management for contract accounting. This includes dunning, installment plans, interest calculation, and credit clarification.

Key Process Steps Covered

  • Dunning
  • Installment plans
  • Interest calculation
  • Credit clarification

Benefits

  • Create and send payment reminders or dunning letters to your business partners to remind them of overdue payables and to request payment
  • Divide source items to several installment receivables that have a due date in the future
  • Determine and post interest receivables and payables
  • Process existing credits in accounts for your business partners

Where is Contract Accounting - Open Item Management(2UJ) 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 - Open Item Management (2UJ)

Find below the process flow of the scope item Contract Accounting - Open Item Management as it is defined for release s4h-2021.


Download Process Flow of Best Practice scenario Contract Accounting - Open Item Management (2UJ) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*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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