Get C_S4FTR_2021 Dumps : Verified SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021)

You can use SAP Cash Application to improve the clearing automation for incoming payments. SAP Cash Application is a cloud-based service that uses machine learning to match incoming bank statement items with open receivables. It learns from past manual clearing actions and applies intelligent algorithms to propose matches with high accuracy. It also provides explanations for the proposed matches and allows users to confirm or reject them. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The Automatic Payment Transactions for Payment Requests app allows you to execute the payment run for payment requests in four steps: enter payment parameters, run payment proposal, payment run - accounting entries, and payment run - create payment medium. You can also monitor the status of each step and view the payment details. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

SAP supports parallel interest conditions by using multiple condition items. Parallel interest conditions are interest conditions that use different interest calculation methods or interest rates for the same financial transaction. Multiple condition items are condition items that have the same condition type but different attributes, such as validity period, interest rate, or calculation method. You can use multiple condition items to define parallel interest conditions for a financial transaction. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The accrual/deferral functionality is a function that allows you to accrue or defer interest or other cash flows for financial transactions. The procedures that are supported when configuring the accrual/deferral functionality are difference and amortization. Difference is a procedure that calculates the difference between the planned and posted cash flows and posts it as an accrual or deferral. Amortization is a procedure that calculates the amortized cost of a financial transaction and posts the difference between the nominal value and the amortized cost as an accrual or deferral. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The new interest calculation types with the parallel interest conditions that are used to replace LIBOR with one of the risk-free rates (RFRs) are lookback interest calculation and average compound interest calculation. Lookback interest calculation is a method that uses a fixed number of days as an offset between the interest period and the observation period for the RFRs. Average compound interest calculation is a method that uses a compounded average of the daily RFRs over the observation period to calculate the interest amount. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html