Remove 2020 Remove Credit Management Remove Default
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Turning Pressure Into Performance

Your Virtual Credit Manager

During a May 28, 2020 podcast on Garmin.com entitled “The Shark on the Green”, Norman shared insights into how he maintained focus and clarity during high-stakes golf tournaments. This advice should resonate deeply for anybody involved in credit management, particularly in times of economic uncertainty.

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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

Credit analysts should also review past decisions to improve their future performance regarding approvals, limits and term setting. Another thing trade creditors can study is companies that have defaulted or filed for bankruptcy. Despite efforts to negotiate with creditors, Hertz filed for Chapter 11 bankruptcy protection in May 2020.

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New Employee Business Partner Concept in SAP S/4HANA

SAP Credit Management

The new employee business partner data model was introduced as of release SAP S/4HANA 2020 and an external worker i.e. vendors, customers can be represented in the new data model as of release SAP S/4HANA 2021. New employee business partner data model is available as of SAP S/4HANA 2020 FPS00 OP. SAP S/4HANA upgrade from below 2020.

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SAP Fiori for SAP S/4HANA –Finding authorization objects for SAP Fiori apps with SU24

SAP Credit Management

When you add a business catalog to a custom business role, and then activate the role, there is a default authorization proposal that is added to your custom business role. It does this using SAP delivered authorization defaults – known as Authorization Proposals. You can find these Authorization Proposals in transaction SU24.

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Red Flags Revealed by Your Customers' Financial Statements

Your Virtual Credit Manager

In addition to a comprehensive and pro-active collection regimen, the first line of defense for credit grantors involves regular monitoring of their AR portfolio for customers exhibiting red flag behaviors. Your Virtual Credit Manager has already covered this topic from several different perspective.

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VAT Support for EU Cross-Border Movement of Own Stock with SAP S/4HANA Cloud, Public Edition 2308

SAP Credit Management

This app tracks all consignment goods movements to and from the call-off stock for the supplier, based on intra-community simplification rules between two EU countries as per the European Council Directive 2006/112/EC Article 17a (as known as 2020 EU VAT Quick Fixes ). Please consult your tax advisor for legal advice.

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Intrastat 101 – SAP S/4HANA for international trade and SAP GTS, edition for SAP HANA

SAP Credit Management

Default Selection Logic – Report GR and Wait for IR / Import Data from PO If there is a GR in the reporting month, then it is reported if there is also a matching IR. Alternative Selection Logic A – Report GR and Wait for IR / Import Data from Inbound Delivery The logic is identical to the default selection logic.