SAP FI - Foreign Exchange is a document provided by SAP AG. This SAP FI document is intended for SAP System Administrators, Finance and Controlling (FICO) developer and SAP technology Consultants.
This SAP FI article explains SAP treasury system component Foreign exchange, its function in trading process and transferring data to SAP Financial Accounting (FI). Moreover this SAP FI article explains you about Foreign Exchange integration and features such as spot exchange, Forex swap transactions and OTC currency options, etc.
Following are the few topics covered in this SAP FI document.

• Foreign Exchange
• Trading
• Spot/Forward Transaction
• Standard Option
• Exotic Option
• Order
• Offer
• Simulation
• Transaction Management
• Utilities
• Back Office
• Documentation not Available in SAP R/3 Release 4.6B
• Transaction Management
• Correspondence
• Netting
• Reference
• Accounting
• Posting
• Payment
• Valuation
• Master Data
• Business Partner
• Standing Instructions
• Information System
• Transaction
• Position Management/Position Trend
• Revenue Analysis
• Accounting
• Risk Settings
• Master Data
• Environment
• Market Data Management

1. What is the difference between Bank Accounting & Treasury? Are both
same? What are the thing we can do in Bank accounting vs. Treasury.
2. I am learning consolidation. Please reply with some documents for
configuration or presentation. Or please let me know couple of
configuration steps.
3. What is the t-code or procedure to to copy an existing or standard
SAP report in controlling and modify it for new requirement?

Thanks in advance for the answers.

solution:Bank accounting is basically day to day accounting like contrac / BP/BR/interest etc but treasury is different from Bank Accounting it's relate to Forex or it's related like Bank Gurantee / foreign remittance / letter of credit and it's related entry i.e interest on term loan / disbursement of loan / panalty etc ............ these are the different concept

It is called a pip and its value is the equivalent of 0.0001 of a dollar, in most currency pairs, and it is the smallest increment on the Forex market. A pip in the Japanese Yen is 0.01. Now you might find yourself wondering what the Forex market actually is and why anyone would possibly think chasing pips was ever going to be a profitable endeavor. However, with almost $2 trillion dollars being exchanged on the Forex each and every day it is open (from Sunday through Friday, the market trades 24 hours a day), those pips can quickly add up to big profits-or big losses-really quick. This makes it one of the most exciting, volatile, and engaging markets in the investment world.

So what exactly is the Forex anyway? Well, the Forex is just a big market where corporations, nations, and investors can exchange money. For instance, if an American corporation wanted to fund their payroll account for an office in Paris, they would need to convert U.S. dollars into Euros. However, one U.S. dollar does not equal a Euro.

To convert the money, the business would need to buy Euros with dollars on the Forex. The USD/EUR currency pair is what the company would need to buy in order to raise the money for payroll. A typical transaction on the Forex is called a lot and is $100,000 and the USD is behind 90% of all trades on this volatile market. So, if the currency pair was valued at 1.2500USD, that means that the business would receive 80,000 Euros for every $100,000 lot of the USD/EUR currency pair at that exchange rate.

Now remember those pips? Although a pip is a very small number, the sheer size of the lot means that a 1 pip movement equals $10 ($100,000 X .0001). Thus, an investor can get in and out of a position very quickly if the price fluctuates by only a few pips and still make a profit (Forex scalping). It is very possible for a Forex trader to double their investment in a very short period of time-but they can lose it just as easily!

Until recently, retail Forex investors did not exist. Because of the size of the transactions, traders on the Forex used to be limited to large investment firms, central banks, etc. Now, however, a Forex investor can typically secure a position for as little as $1,000 (or 1/100th of the total transaction amount). However, because there are always interest charges associated with any leveraged position, that means that an investor can quickly lose their capital if things swing the wrong way.

Of course, no one has a crystal ball and can predict the future but Forex traders use a number of strategies to help them determine when to exit and enter positions. While profit potential is unlimited, stops are typically placed on orders to prevent unacceptable losses. No matter what investment strategy you choose to use when trading on the Forex-it is very wise to place stops on every order because the volatility of the market can sap a highly leveraged account very quickly.

Trading currencies on the Forex is so popular because the action is non-stop and the opportunity for profit is unlimited. However, because of the margins and volatility of the market itself, the Forex can make or break an investor quickly. New investors are highly encouraged to start out with mock accounts or even mini-lots ($10,000) in order to learn the market better before jumping in with both feet.

SAP NetWeaver Identity Management helps companies manage users' access to applications securely and efficiently, while meeting audit and compliance requirements. The software provides a central mechanism for provisioning users in accordance with their current business roles, and it supports related processes such as password management, self-service, and approvals workflow.

SAP NetWeaver Identity Management is designed to work not only with your SAP applications but with all systems, instances, and applications in a heterogeneous global IT environment. It is also designed to work as an integrated component of your strategic application platform and delivers identity services to support a service-oriented architecture (SOA) landscape. Integration with SAP Business Suite applications and SAP BusinessObjects governance, risk and compliance (GRC) solutions results in a true business-driven, compliant identity management solution.

With SAP NetWeaver Identity Management you can:

• Increase efficiency and reduce operational costs with:
  • Central management of user identities across multiple, heterogeneous applications
  • User self-service capabilities and a rules-driven workflow and approvals process
• Improve flexibility and respond to changing business needs with:
  • Standards-based technology platform and integration framework
  • Identity services that enable access in an SOA environment
• Deliver greater insight and fulfill compliance requirements with:
  • Extensive audit trail, logging, and reporting capabilities
  • Integration with SAP BusinessObjects GRC solutions for end-to-end compliant, role-based control

SAP NetWeaver Identity Management is role-based, so it knows what systems to which each user requires access to do his or her work. If a user changes positions, SAP NetWeaver Identity Management can change access rights accordingly. Administrators set up the roles, and the software synchronizes permissions across different systems and directories.

Self-service is another important feature of SAP NetWeaver Identity Management. Not only can it reduce the administrative and support costs associated with IT support, but it can also help improve user productivity. Self-service provides users with one place to go to manage their information and take care of tasks such as resetting a password.

All SAP NetWeaver Identity Management functionality is delivered as a component of an integrated, open platform – so access and identity information can be correctly linked with systems, Web services, and business processes. And whether the systems are SAP systems or not, SAP NetWeaver Identity Management enables an uninterrupted flow for your business processes across a heterogeneous landscape.

Cash is the lifeblood of your business. Today's tough credit environment brings a renewed focus on cash flow and liquidity.

Are you using best practices to manage your receivables and collections, customer credit risk, and global liquidity? And are you effectively managing inherent cash flow risks to protect your profit margins?

SAP provides market-leading software and services to help you make better customer trade credit risk decisions, accelerate dispute resolutions, manage collections intelligently, improve insight and control over company liquidity, and electronically integrate your billing and payment processes with your financial institutions.

With SAP software and services, you can:

• Realize straight-through processing across the order-to-cash cycle, reducing administrative costs while accelerating cash collections
• Analyze customer credit risk using real-time information, reducing counterparty risks without jeopardizing customer relationships and sales
• Improve dispute resolution and analysis; lower days sales outstanding; accelerate cash flow; and increase collaboration between finance, line-of-business managers, and operating units

Solutions for Optimizing Working Capital

Collections and Dispute Resolution

SAP's financial management solutions feature a fully integrated set of process-collaboration applications to improve your dispute and collections processes, trade credit, and cash and inventory management. As a result, you can optimize working capital through multiple strategies – each of which can be independently achieved based on the needs of your organization.

SAP Financial Supply Chain Management applications improve coordination across company functions to streamline customer receivables and collections – and cash flow. In addition, we have enhanced our treasury applications to allow you to improve cash management and enable greater integration between your corporate treasury and financial institutions.

Developed in partnership with the Society for Worldwide Interbank Financial Telecommunciations (SWIFT), enhanced electronic integrations enable more efficient and cost-effective connections to connections to over 8,100 banks worldwide – enabling greater automation of payment and banking processes to reduce costs and improve liquidity management.

Efficient finance operations provide the foundation for financial excellence. Without effective and streamlined financial business processes that enable you to reduce costs and resource demands, it's difficult to achieve the more advanced objectives of your enterprise.

Manual processes prevent Finance from becoming a strategic partner to the business.

SAP software and services enable you to streamline and improve accuracy of financial processes, such as reporting cycles and receivables; control and manage corporate spend; and realize economies of scale through shared-service deployments.

With SAP software and services, we can help you:

• Streamline your financial close cycle through improved automation and collaboration, improving period-end closing cycle time
• Increase finance productivity, enabling your finance teams to manage global operations with fewer resources, while maintaining your cost structure
• Automate receivables, invoicing, and cash reconciliation processes – improving order-to-cash cycle time

Solutions to Gain Efficiency in Finance

Fast Close

SAP's financial management solutions provide the foundation for you to automate critical finance processes that span sales, procurement, supply chain, and your financial institutions – with the flexibility to configure processes according to the best practices of your industry. The "fast close" solution combines leading applications from SAP and our partners, such as the SAP Central Process Scheduler application by Redwood, which enables you to preserve your investment in existing systems by scheduling and monitoring the financial close process across mixed-system environments.

Best-Practice Implementations

To provide you with a clear path to improved efficiency in finance, SAP Services and consulting partners offer a portfolio of services to review financial processes and help establish industry best practices. Our services deliver an established roadmap to ERP migration services and help you streamline financial reporting and month-end closing – giving you the information you need to guide operating units to better performance.

Financial excellence is achieved when resources, people, and technology are leveraged to ensure strong cash flow and liquidity, compliant and accurate financial reporting, while maximizing the profitability.

With SAP solutions, companies can accurately manage liquidity and cash, streamline processes and lower costs, ensure the financial health of the enterprise, as well as reduce the cost of compliance and risk in the face of a challenging economy and regulatory landscape.

SAP ERP Financials, an application of SAP Business Suite, helps deliver greater insight and visibility across organizations, operational efficiency and effectiveness, and flexibility to help you enable efficient and compliant accounting and reporting. No matter the industry or size of your business, you can implement only the software you need to solve your unique business challenges in your own time and without expensive upgrades.

By enlisting the help of SAP Services before, during, and after any implementation, you can optimize your IT investments. And with SAP Enterprise Support, companies take full advantage of the integration of SAP and non-SAP solutions, minimize risk, enable the acceleration of innovation, and address application life-cycle management.

Furthermore, the SAP BusinessObjects portfolio is designed to help you optimize business performance by connecting people and information across business networks to provide a unified view of all business activity, manage regulation and policy compliance cost-effectively, and enable your business to be more agile and competitive in today's dramatically changing business environment.

How Do Value Scenarios Drive Business Improvements?

Discover how value scenarios can help you:

• Gain efficiency in finance to streamline financial processes, such as reporting cycles, receivables, and payments
• Drive strategy and growth and improve the quality of business decisions for all employees, bridging analysis and planning with strategic execution
• Manage risk and compliance through embedded controls and real-time monitoring and exception-based analysis
• Optimize working capital to accelerate cash flows, manage liquidity, and improve control over cash balances

SAP NetWeaver is the open integration and application platform that aligns people, information, and processes. Business benefits include:

• Flexible business strategies – With SAP NetWeaver, you have the flexibility, visibility, and control to effectively execute, monitor, and refine corporate strategies.
• Innovative business processes – The platform powers innovative, industry-specific software and allows you to recompose existing systems to support innovative processes.
• Superior business value – SAP NetWeaver provides a business-focused infrastructure that supports continuous improvement of processes. It minimizes the risk and cost of introducing new processes, because existing systems remain unchanged while you leverage them for end-to-end enterprise processes.
• Improved business performance – SAP NetWeaver helps you aggregate and analyze information across the organization, so you can gain the insight needed to make the right changes.
• Unmatched user experience – Solutions built with SAP NetWeaver provide an efficient user experience through a role-based portal interface. With SAP NetWeaver, you can extend business processes to all employees, suppliers, and customers.

Unique IT Benefits

SAP NetWeaver also delivers a broad range of IT benefits, including:

• Sustainable cost structure – SAP NetWeaver reduces total cost of ownership across the IT landscape. It enables you to leverage your existing IT investments, including SAP and non-SAP systems. Flexibility reduces the cost of change, while integration knowledge reduces the need for consulting services.
• Improved development – With SAP NetWeaver, you can compose new business processes on top of existing systems by using an enterprise service-oriented architecture based on Web services, Java, and other industry standards.
• Reduced TCO across the entire IT landscape – SAP NetWeaver technology components are integrated in a single platform and come preconfigured with business content, which reduces complexity and supports IT standardization and consolidation. The components also integrate readily with SAP applications, which reduces the need for custom integration.
• Easy development of extensible best practices – SAP NetWeaver supports communication, knowledge management, and collaboration across existing systems. You can take advantage of existing skills to improve current practices or develop new functionality.

SAP NetWeaver Portal unifies key information and applications to give users a single view that spans IT silos and organizational boundaries. It allows you to take full advantage of all your information resources – and maximize the return on your IT investments. And, its predefined business content accelerates implementation and reduces the cost of integrating your existing systems.

With SAP NetWeaver Portal, you can quickly and effectively integrate SAP solutions, third-party applications, legacy systems, databases, unstructured documents, internal and external Web content, and collaboration tools. It uses open standards, Web services, and tight integration with other SAP NetWeaver components to support heterogeneous systems from all major technology providers. And it comes with built-in support for Java 2 Platform Enterprise Edition (J2EE) and Microsoft .NET technology.

SAP NetWeaver Portal is flexible and secure, and enables you to take full advantage of your information assets. Features and functions include:

• Portal-infrastructure management – SAP NetWeaver Portal provides a personalized, secure interface that unifies enterprise applications, information, and processes from both SAP and third-party sources into a coherent, role-based portal experience. The portal supports both UNIX and Microsoft Windows servers and is localized to support more than 20 languages. Its field-tested capabilities deliver the security, scalability, and performance that SAP customers expect, along with easy user and content administration.
• Collaboration – With SAP NetWeaver Portal, users can access and share information and applications in a collaborative environment. Virtual collaboration rooms allow users to work together efficiently, regardless of where they are located. Integrated tools, such as discussion forums, enable the powerful flow of communication and information across organizational boundaries while enforcing security requirements. Integration points for third-party collaboration capabilities (such as instant messaging, Web conferencing, or groupware) further extend the functionality of the SAP NetWeaver Portal and afford you the opportunity to leverage existing investments.
• Knowledge management – SAP NetWeaver Portal provides a shared set of user services for finding, organizing, and accessing unstructured content stored in third-party repositories and SAP content management systems. Classification tools automate the organization of information. Subject-matter experts and content managers can publish information to distinct user audiences through Web-based authoring that simplifies the publishing process.

Radio frequency identification (RFID) technology electronically captures, stores, and transmits data about assets and materials via radio waves or other nonphysical transmission technology – digitizing physical objects that can be interpreted transparently by IT systems.

SAP Auto-ID Infrastructure, the key component of SAP NetWeaver that provides RFID capabilities, provides SAP applications with a gateway into RFID data. SAP Auto-ID Infrastructure gives you the capabilities you need to integrate all automated communication and sensing devices – including RFID readers and printers, Bluetooth devices, embedded systems, and bar-code devices. SAP Auto-ID Infrastructure also integrates intelligent controls such as programmable language controls and Savant technologies, ensuring comprehensive device integration.

SAP Auto-ID Infrastructure senses and controls automated signals in real-time. It connects directly with business processes requiring signal data to drive faster and better business decisions. With SAP Auto-ID Infrastructure, SAP has achieved an important milestone in realizing its vision of an adaptive supply chain network.

One of the first applications of SAP Auto-ID Infrastructure is the integration of RFID technology with supply chain processes. SAP Auto-ID Infrastructure provides out-of-the-box functionality to fulfill requirements for RFID compliance in the logistics applications of the U.S. Department of Defense, the U.S. Food and Drug Administration, and large retailers such as Wal-Mart. With SAP Auto-ID Infrastructure, you can meet current market needs and be ready for future automatic identification requirements.

SAP Auto-ID Infrastructure is:

• Comprehensive – Enables complete integration of RFID readers and printers and other automated sensing devices
• Scalable – Handles the vast amounts of data generated by scanning millions of RFID and other automatic identification items
• Fast – Handles multiple tag reads simultaneously, ensuring rapid tag reads and data consolidation
• Connected – Integrates with existing enterprise applications, including legacy systems, to enable end-to-end synchronization and business process management

Need tools to document business intelligence (BI) metadata? Measure the performance and visualize the structure of business processes? These enterprise modeling offerings combine Web-based components that support the process lifecycle for business process design, analysis, optimization, and implementation.

The offerings extend the goals of enterprise modeling – including business process analysis, process governance, and standardization – plus process simulation and optimization to a corporate architecture. Process performance management capabilities enable you to establish continuous process optimization.

Benefits of SAP Enterprise Modeling applications by IDS Scheer include:

• Decrease of process costs and resource requirements
• Accelerated process times
• Improved process quality and transparency
• Continuous evaluation of process performance indicators and visualization of bottlenecks
• Improved documentation and communication of organizational changes and system landscape optimization
• Reduced SAP software upgrade and implementation project times
• Process-driven benchmarking and identification of best practices
• Reduced risk of compliance failure due to transparency
• A basis for enterprise services-oriented architecture (enterprise SOA)
• Lower total cost of ownership (TCO)

SAP Business Designer by IDS Scheer

The SAP Business Designer application by IDS Scheer helps you design business processes and connect with the SAP Solution Manager application management solution. SAP Business Designer helps you ensure corporate modeling standards by enabling intuitive business process design. The application also provides global availability for Web-based process design.

SAP Business Process Optimization by IDS Scheer

The SAP Business Process Optimization application by IDS Scheer adds quantitative process analysis to Web-based modeling with the help of extensive simulation functionalities. You can realistically simulate process hierarchies and interlinked business processes – taking into account organizational structures and other resources.

With SAP Business Process Optimization, you can optimize business-process handling times, reduce costs, and increase process quality. To aid in corporate decision making, you can use a Web-based tool to optimize key figure-based processes.

SAP Business Server and Publisher by IDS Scheer

The SAP Business Server and Publisher application by IDS Scheer provides permanent, low-cost availability of process information through Web-based portals. A database server enables central access and management of all Web-based products.

The business publisher component supplies process information through Web-based portals, rights-based and role-based access to process models, and dynamically generated portal content.

SAP Enterprise Modeling by IDS Scheer

Your company's business processes are often based on complex IT landscapes that call for order and transparency. You need a holistic enterprise services-oriented architecture (enterprise SOA) to identify mission-critical IT systems and align them with the requirements of the business processes.

With the SAP Enterprise Modeling application by IDS Scheer, complemented by enterprise architecture management, you can have a clearly structured, easily understandable description method that covers all relevant elements in today's architecture standards. The software supports all necessary planning processes for establishing the target architecture geared to business processes.

With the BI modeling capabilities of SAP Enterprise Modeling, SAP offers integration with the SAP NetWeaver Business Intelligence (SAP NetWeaver BI) component. This application supports IT managers, BI experts, and specialists in end-to-end redocumentation, conception, and modeling required for BI rollout, harmonization, or consolidation projects.

SAP Process Performance Management by IDS Scheer

Process performance management (PPM) is becoming increasingly important if your company wants to maximize efficiency in your business operations. The SAP Process Performance Management application by IDS Scheer analyzes processes running in SAP solutions and automatically generates graphic documentation. At the same time, the application uses previously defined process performance indicators to help you evaluate the current process performance.

SAP Process Performance Management provides intuitive cockpit displays of the current process performance indicators. An integrated, early warning system automatically monitors all ongoing processes and displays a warning if these deviate from the plan. You can use the application decisively to continuously improve and sustain efficient and innovative SAP solution-based business processes.

Process automation enables companies like yours to efficiently manage the increasingly complex technical requirements demanded by real-time business processes. You can achieve maximum productivity, agility, and resource utilization through intelligent, centralized management of application workload across all environments. Event-driven automation ensures immediate and appropriate responses to business requirements – enabling you to take a dynamic approach in managing unpredictable workloads.

The SAP Central Process Scheduling application by Redwood delivers adaptive, real-time, event-driven job scheduling and process-automation capabilities. Specifically designed to integrate process automation for SAP and non-SAP application environments across distributed and heterogeneous platforms, SAP Central Process Scheduling by Redwood provides a central point of control for all processing. You can effectively use the application to:

• Reduce administrative overhead of managing critical application workload
• Increase the efficiency of end-to-end, business-process workload execution
• Integrate SAP and non-SAP business application processes
• Reduce application workload completion time
• Improve adherence to service level agreements
• Optimize utilization of existing IT resources

With SAP Central Process Scheduling by Redwood, you can create a dynamic scheduling environment that provides a core-infrastructure component, which enables an approach to enterprise service architecture compatible with enterprise-wide automation.

SAP Central Process Scheduling by Redwood, integrated with and powered by the SAP NetWeaver platform, provides a central point of control across the IT environment.

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We are dedicated to your success and achievement of your vision. With every client, Eno’s value proposition is to apply best practices in reducing operational and consulting costs while extending the value of your SAP® software. With Eno, you have the partner who understands the business aspects of best-of-breed software and how to help organizations achieve world-class business performance levels.

When you look at Eno you will see that at the core of our organization is the fact that we are all SAP team members, we all have worked on multiple environments around the USA and we all drive to create a successful SAP environment for you and your team. We will remotely operate your SAP environment. Wrap a circle around the Database, The Operating System and the R/3 environment and you have our SAP remote Operations Package on a 24x7x365 duration with ONLY Senior team members and only with American employees with secured access and with American Business Knowledge.

Through the Remote Application Operations service, our experts will manage your SAP solutions remotely. They will provide you with Senior-level support, round the clock. And since our specialists are involved with development projects on SAP, they'll be able to share their experiences directly with you & document all aspects of your environment. So you'll always have the latest information about SAP software.

Remote Application Operations will bring you the knowledge of SAP, product developers, and support staff. Putting you one step ahead of your competitors.

Pricing begins at nearly ½ the price of your typical 1st shift BASIS administrator costs, and that is to run your environment 24 hours a day!

Conversion from non-SAP® Systems and Gap Analysis
• Technical and Functional Upgrades
• Implementation Services
• Performance Tuning
• System Customization
• Post-Implementation Maintenance and Support
• Module Implementation including BW, APO, CRM
• Self-Service Development and Web-Enablement
• System Documentation/End-User Training
• Integration with Legacy Systems
• Supply Chain Integration
• Business Intelligence – Cognos®