‘On Account Cash’ process is related to Account Receivable only with following business scenario –
- ‘On Account Cash’ sub-process comes into picture when there is one or multiple invoices issued to customer and customer made partial payment which is NOT equal to cumulative outstanding amount.
- In this case, say there are three invoices with amounts $20,000; $30,000 & $40,000 that need to be cleared with a partial payment received of $70,000 from customer. This amount received remains as ‘On Account Cash’ on the books until it is manually coordinated with customer and applied in system using SAP TCODE FEBAN.
- The related SAP tables in SAP I came to know are -
- BSID – contains information on total outstanding amount for customer
- BSIS – contains information on balance un-applied (‘On Account Cash’ available to be applied manually) per customer
If there was any savings achieved in this area for any of the Celonis clients, it would be great to present as a success stories as required in this ask.. Thank you for help!