SAP標(biāo)準(zhǔn)的Treasury培訓(xùn)文檔ppt課件

1、SAP AGR/3 Treasury ROverview of Treasury Functions bank databusinesspartnermarket dataCMFinancial AccountingUS$DEMMRM DownloadMarket Risk Management: interest/currency exposure mark-to-market valuation risk analysis/simulation value-at-riskCash Management: electronic banking liquidity status integra

2、ted operational systems control functionsTreasury/Loans Management managing financial deals and positions transfer to Financial Accounting flexible reporting datafeed interfaceLogisticsD C D C100 100 TM / LOForexMoney MarketDerivatives Securities LoansMarket RiskManagementTR-MRMInformationprocuremen

3、tInformation systemSAP TREASURYTreasuryManagementCashManagementTR-CMTR-TMLiquidity/risk analysisand simulationTradingBack officeControland auditTransfer toFinancialAccountingTreasury ProcessIndustries1980 R/3 Launch IS-IS/DARWIN project for Loans, Securities, Real EstatetodayR/2:Cash ManagementMoney

4、 Market, Forex,LoansR/3: Cash ManagementMoney Market, Forex, Derivatives, Securities, Loans, Market Risk ManagementInsurance companiesMortgage banksCorporates1992199319941996 Money Market, Forex, Derivatives project Market Risk Management project Audit Market releaseCountries1980 R/3 Launch IS-IS/DA

5、RWIN project for Loans, Securities, Real EstateR/2:Cash ManagementMoney Market, Forex,LoansR/3: Cash ManagementMoney Market, Forex, Derivatives, Securities, Loans,Market Risk ManagementGermany, Austria, Switzerland1992199319941996 Money Market, Forex, Derivatives project Market Risk Management proje

6、ct Audit Market releaseEnglish-speaking countriesOthertodayCustomersTrade and industryMultinational corporations:Broad range of functions across the whole treasury areaVarious organizational structures, such as centralized/decentralized treasuryCovers special national features, such as electronic ba

7、nking formatsCustomers: Shell, Daimler Benz, Petrofina, Burda, .Medium-sized companiesAll functions available, regardless of company sizeUniform user interface simplifies training and usabilityThe Treasury workstation concept allows scaled integration into the existing system environment using prede

8、fined interfacesCustomersProviders of financial servicesInsurance companiesManagement of securities, loans and real estateIntegrated portfolio and risk managementCustomers: Munich Re, Schweizer Rente, Aachener Mnchner, .BanksTreasury master data used by SAP BankingTreasury Management is used as a ba

9、sis for managing loans given and loans taken by mortgage banks (customer project) 1) % of all companies surveyed Source: Price Waterhouse Top 500 Survey (Germany) Main Targets of Treasury 1 To ensure liquidity 95 2To optimize financing costs 92 3To optimize yields on financial assets74 4To hedge cos

10、ts (e.g. against possible exchange rate fluctuations)61 5To hedge sales (e.g. against possible exchange rate fluctuations)52 6To contribute to profit through active management of open positions 301)Priority Target %1) 1 To ensure liquidity using SAP Cash ManagementTR-CMLiquidity ManagementPriority T

11、arget %TR-CMCash Management: Functions Comprehensive analysis of liquidity situationData transfer from operative systems: Financials, Logistics and Treasury Management Electronic banking functionsCash position: daily bank account balances by value date, payment advicesCash concentration: concentrate

12、d bank accountsCash pooling: interest paid on bank accountsLiquidity forecast: expected inflows/outflows from customers and vendors, planned dataMonitoring value dates, payment advices, conditions, checks cashed, . Area-specificprocessingBankpostingsSubledgeraccountsBankdataManual account statementS

13、WIFT MT940MultiCashLockboxBACSETEBACCODAFIDESCSB43ZENGINKYOEUEUUSAUKFBECHEJPCzech. Rep.SwedenCash position and liquidity forecastBanksSubledger03/1510025Electronic BankingLink to payment programManual/automatic account statementsVarious formats supportedPostings to G/L and customer/vendor accountsBa

14、nk PollingProcesses current bank informationAim: Monitoring bank account movementscomparing value datesreconciling payment advice andaccount or bank statementcashed checks analysisaccount interest comparing bank conditionsControl FunctionsMonitoring correct paymentsprocessing for planningGrouping:Ba

15、nks 09/01 09/02 09/03 _BANKA 90 130 60BANKB 40- 20- 30- :Cash PositionAccounts: Subledger 09/01 09/02 09/03 _Account 1 10 30 10-Account 2 20 70 20-Account 3 10 20- 50Level: BANKA 09/01 09/02 09/03 _F0 Subledger 40 80 20B2 Incoming checks 60 60 60B1 Outgoing checks 10- 10- 20-Current bank account bal

16、ances/balances per value date (bank postings, payment advices)Accounts managed in local/foreign currency Planning horizon 0-5 daysDocumentation and audit functions Current liquidity position on bank accounts per specific date Status before concentration after concentrationBank 112005Bank 21005Bank 3

17、4001337Bank 4-350300Cash ConcentrationClearing proposal in accordance with selection criteriaInteractive manual adjustmentCredit transfers and correspondence Concentrated bank accounts Liquidity ForecastFrance (E4)Payer ofcash discount (E2)Payer of net amount (E3)France(E4)(E2)Bank collection(E1)Pay

18、er of net amount (E3)FI =Posting/SalesFW =Bill of exchangeXA = Blockingreason A(E5)Groups:- Customers with similar payment history - Customers of particular interestLevels:- Balances specified according to level Integrated data basis including customers, vendors and planned itemsExpected cash inflow

19、s/outflows over a planning horizon of 1-24 weeksSupport for optimizing financial investment and borrowing Monitoring liquidity situationTreasury Workstation . . . . . R/2RFFDR/3FICMR/3CMFIAnalysisCMLiquidityMRMMarket risksTMFinancial transactionsTradingBack officeFIFinancial AccountingR/3TreasuryWor

20、kstationFI-ALEFI-ALERFCTR-CM-ALECompany 2Company code 2External bank 2External bank 2External banksExternal bank 2Company 3Company code 3Central TreasuryCompany code 1Company 4Company code 4Liquidity statusCompany codes 2+3Liquidity statusCompany codes 1-4internal financial transactionsexternal fina

21、ncial transactionsexternal financialtransactionsCorporate Group Evaluations Implementation StrategiesSupport for efficient liquidity managementSupport for efficient liquidity forecastingAdvantage:RationalizationAdvantage:Integration Traditional approach with Financial AccountingProcess-oriented with

22、 Logistics: Materials Management / Sales & DistributionTR-CMFIMMSDextended forecast horizon via link to the supply chain automatic data transferreduced transaction costsAutomatic data transferreduced transaction costsTraditional approach with Financial AccountingSupport for efficient liquidity manag

23、ementAdvantage:RationalizationFITR-CMArea-specific processingCash positionBankdataBankpostingsSub-ledgersRationalization: Electronic Bankingextended forecast horizon via link to the supply chain Process-oriented with Logistics: Materials Management / Sales & DistributionSupport for efficient liquidi

24、ty forecastingAdvantage:Integration MMSDIntegrationGoods receiptInvoicePaymentAccountstatementCash positionPayment after arranged/forecast dateValue date based on bank statementOrderCashManagementDelivery date and payment conditionsupdated payment historyLiquidity forecastTR-CMIntegration of Logisti

25、csCash Position and Liquidity ForecastCash PositionLiquidity ForecastBank accountsin currency:Account 1 :Account nTotal Paymenttransactionsin transit:- incoming - outgoingFinancialinvestmentsandborrowingsSubledgers:- A/R- A/P- Purchase orders - OrdersTRADINGCashmanagementdecisionMarketinformationCas

26、h Position and Liquidity ForecastCash PositionLiquidity ForecastBank accountsin currency:Account 1 :Account nTotal Paymenttransactionsin transit:- incoming - outgoingFinancialinvestmentsandborrowingsSubledgers:- A/R- A/P- Purchase orders - OrdersCash Management DecisionFinancialsG/LaccountsCustomers

27、/vendorsTreasuryTR-TMMM/SDOrdersLogisticsFIFICash PositionLiquidity ForecastCash managementdecisionMarketinformationTRADINGIntegration with other SAP modulesTR-TMTR-CMTR-TMTR-TMFIMMSDFinancialsG/LaccountsCustomers/vendorsTreasuryTR-TMMM/SDOrdersLogisticsFIFICash managementdecisionMarketinformationCa

28、sh PositionLiquidity ForecastTRADINGTreasury and Market Risk ManagementPriority Target%1To ensure liquidity952To optimize financing costs 923To optimize yields on financial assets 744To hedge costs (e.g. against possible exchange rate fluctuations) 615To hedge sales (e.g. against possible exchange r

29、ate fluctuations) 526To contribute to profit through active management of open positions30Market RiskManagementImplementation of SAP Treasury ManagementTreasury and Market Risk ManagementTR-TMTR-MRMPriority Target1To ensure liquidity952To optimize financing costs 923To optimize yields on financial a

30、ssets 744To hedge costs (e.g. against possible exchange rate fluctuations) 615To hedge sales (e.g. against possible exchange rate fluctuations) 526To contribute to profit through active management of open positions30Treasury Management: FunctionsTR-TMComplete financial transaction and position manag

31、ementSupport of trading and back office functionsFunctions to track, check and release transactionsData transfer to Financial Accounting(including accrual/deferral and valuation)Flexible settings to accommodate company-specific transaction and position managementprocessesFinancial transactions assig

32、ned to portfolios or managed in securities accountsFlexible reporting and portfolio analysisDatafeed interfaceSelection of Product TypesProduct typesMoney marketSecuritiesLoansForexFixed-termdepositsDeposits atnoticeCommercial Paper StocksSubscript. rightsInvestmentcertificatesBondsConvertiblebondsW

33、arrant bondsWarrantsMortgageloansBorrowersnote loansPolicy loansForexspotdealsForwardexchangedealsForeign exchangeswapsCap / FloorFRASwaps- Interest rate- Currency- Cross currency int.rateOTC options / futures- Currency- Currency barrier - Interest rate- StockSwaption, IRGHedginginstrumentsInvestmen

34、t/Borrowinginstruments Derivative instrumentsTargets Informationprocurement Assessmentof possible solutionsInstrumentsMethodsMeasurementsIdentificationof appropriatefinancialtransactionsSimulationof alternativeresultsSelection of analternativeTradingBack officeAccountingReportingControllingProcessin

35、g /ControlInternal:- liquidity status- risk positionExternal:- market dataAnalysis and Trading ProcessEarnings/risktargetsDecisionTradingTransaction and Position Management ProcessPostingsPayment activitiesReversalsAccruals/deferralsValuation Create order/contract Exercise/expiration Give notice Rol

36、lovers Exercise rightsUser authorizationLimit managementBackofficeReleaseAccounting Settlement/Control Interest rate adjustment Netting References Confirmation letters Securities account transfers Corporate actionsTrading SupportCompany-specific organizational structures represented in the system, i

37、nternal and external transactions Uniform trading screen with aids for data entry and processing as well as fast entry templatesTrader and user authorizations for financial instruments and functions, change documentsLimit managementStanding instructions for specific business partners or organization

38、al units allow bank details and payment details to be assigned to transactions automatically Trading Supportoptional:OrderContractBusiness partner managementPartner dataMarketdatabaseMarket dataStanding Instructions Payment details Correspondence Derived flows-Entry and editing functions -Valuation

39、toolsstanding instructions NPV calculatorcopying functionsoption price calculator shortcuts and tree structuresetc.fast entrycollective/fast processing-Automatic checks-dealer slip working days-limit managementtrader and business partner - change documentsauthorizationBasis forupdating Cash Manageme

40、nt updating Financial Accounting via flexible account determinationtriggering paymentupdating itemsaccrued/deferred interestpayment initiationforeign currency valuationyield calculation Financial Transactions: Cash FlowAmount invested/borrowedACTUALPLANNEDConditionTransactionInvestment4/1/YY 1m DEMm

41、adeInterest 7/1/YY 10,000 DEManticipatedRepayment 7/1/YY 1m DEManticipated Cash flow (example)Financial Transaction ArchitectureProduct typeTransaction typeBusiness partnerTransfer flowValuation flowAccrual/deferral flowFlows describing structure characteristicsPaymentinformationPostinginformationCa

42、lculation basesCurrenciesBal. sheet acctTraderTermGeneral infoHistoryInterestRepaymentConditionsSequence Defined using Processing CategoriesOrder expirationTerminationContract settlementExercise/expirationsettlementKnock-in/knock-out settlementTermination settlementContractExercise/expirationKnock-i

43、n/knock-outTerminationoptional:Orderwith/withoutorderContractTradingExample: Derivativeswith/withoutsettlementBack officeContractContractExercise/expirationContractAlternativewithout settlementwith/withoutorderExample: Currency optionContractContractAlternativewith settlementTradingBack officeExampl

44、e: Currency barrier option with knock-inContract settlementKnock-in settlementExercise/expiration settlementContractKnock-inExercise/expirationOther Examples for Processing Categories with/withoutorderFinancial Transactions in Cash Management51A SAP AGTB0001 Assign Cash Management levels Fixed-term

45、deposit Subledger time dep.10 Contract 10/0210/03 10/03later10/05 Cash Management: Display LevelsBanks LeDescription TB. . . . . .OBCurr. option. . . . . .DBForeign exch.Balancexxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxx132,323xxx,xxxxxx,xxxxxx,xxxxxx,xxx. . . . . . . . . . . . . . . . . . . . . xxx,xxxxxx,

46、xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxTime deposits10/0210/03 10/04 10/05 laterBack Office SupportCheck financial transactions upon settlementStructure characteristics and allocation to portfolios/finance projectsPayment detailsCollective processing and editing functionsConfirma

47、tion management / confirmation status Outgoing confirmations, option of generating S.W.I.F.T. files and link to FX-Match via user exitEnter and match incoming confirmations, evaluate overdue counterconfirmationsMonitor limit utilization as part of end-of-day processingNetting of financial transactio

48、ns (payment netting)Back Office ProcessingConfirmationConfirmationCorrespondenceBackofficeAccountingPosition managementCollective processingNettingReferencesInterest rate adjustmentsSecurities acct transfersCorporate actionsConfirmation management (incoming/outgoing)Payment detailsCurr.BankAcct. . .

49、 . . . .Processingtransactions Settlement/control Payment detailsCorrespondencee.g. confirmation letter, SWIFTFaxe.g. dealing slipExternalInternalConfirmationConfirmationTransaction SettlementCurrencyPayer/eePartnerbank IDPmntmeth.PaymentactivityHousebankAcct IDPaymentdetails IDPayment detailsAccoun

50、t assignment referenceDB000001Deutsche BankFixed-term depositG/L account: 113113DEMUSDDEMCOUNTERP. . .2. . .T. . .BANKBBANKB. . .X. . .GIROUSD. . .010102Business Partner - Payment DetailsFixed-term depositin DEMat COUNTERPARTYForex purchasein USDOur house bank: Bank BCurrencyPayer/eePartnerbank IDPm

51、ntmeth.PaymentactivityHousebankAcctIDAllocationsIncomingOutgoingPayment details ID010102DEMUSDDEMCOUNTERPARTY. . .2. . .T. . .BANKBBANKB. . .X. . .GIROUSD. . .Fixed-term dep.Deposit at noticeMoney marketForex . . .010101Foreign exchange01Transfer to Financial AccountingPosting release optionFlexible

52、 account determination at flow type levelFlows transferred to Financial AccountingDirect posting to clearing accounts, clearing via account statementMake payments using the extended payment program:Generate and process payment requestsPayment netting, flexible settings for payment methodsRange of po

53、sting evaluationsAccountingFinancial Accounting Fixed-term deposit 1 month 3.5%FI interfaceSept 1st1100 -Fixed-term deposit 1,000,000Oct 1st1120 +Final repayment1,000,000Oct 1st1200 +Nominal interest 3,750Selection of transactionsand flows relevant for postingPosting : Account Determination Fixed-te

54、rm deposit 1 month 3.5% Acct assignment ref. DB000001Fxd-term dep. acct 113113DepositFinalrepayment D1,000,000 C1,000,000Interest earned 273100Nominalinterest D C 3,750Bank clearing acct 113100FT depositNominal int.Finalrepayment D C 1,000,000 3,7501,000,000Debit Bal.sht Credit Bank Debit Bank Credi

55、t Bal.sht Debit Bank Credit Int. earned Flow typePosting details1100 -1120 +1200 +Sept 1st1100 -Fixed-term deposit 1,000,000Oct 1st1120 +Final repayment1,000,000Oct 1st1200 +Nominal interest 3,750Balance sheet account acc. toaccount assignment referencePosting using Clearing Accountsfixed-term depos

56、it via activity at fixed-term deposit levelpost flows to clearing accountchange to clearing accountschange to bank account levelTR-TMclearing entry via account statementTR-TMTR-CMTR-CMPayment Transaction Handling Fixed-term depositAccount statement from bank. using clearing accountsFixed-term dep. a

57、ccount(Deuba)House bank account(Deuba)100 m100 mSAPHouse bankDEUBAfixed-termdepositBank clearing account100 m100 mPosting using Payment ProgramPaymentadviceBank transferEurocheckCheckProposal data setPrint data setEditproposalMasterrecordPayment requestsCurrentparametersPaymentcontrolPaymentsummaryP

58、roposal runPayment runPrint programIDOCDocumentsPayment Transaction Handling1st fixed-term deposit2nd fixed-term deposit.using a clearing account for payment requestsFixed-term dep. account(Citi)House bank account(Deuba)100 m150 mSAPHouse bankDEUBApaymentorderPayment request clearing acctBank cleari

59、ng account150 m150 m50 m100 m50 m150 mpayment (trigger payment request run)account statement from bankCitipaymentfixed-term depositCross-Application Reporting Common reportingstructureData selection, definition oflayoutIndividual reportingJournalMaturitylistRevenuelistDrilldown reporting structuresP

60、ARTNERPRODUCT TYPE Borrowing/sale1PRODUCT TYPE2PARTNERCURRENCYPRODUCT TYPECURRENCYCompany codeTraderProduct typePortfolioSecurities accountXPartnerTransactionCurrencyAccount assignment referenceXXInvestm./purchaseXPARTNERCURRENCYMultidimensional Flexible Reporting3PARTNERPRODUCT TYPECURRENCY Money m