1、SAP AGR/3 Treasury ROverviewofTreasuryFunctionsbank databusinesspartnermarketdataCMFinancialAccountingUS$DEMMRMDownloadMarketRiskManagement:interest/currencyexposuremark-to-marketvaluationrisk analysis/simulationvalue-at-riskCash Management:electronic bankingliquiditystatusintegrated operationalsyst

2、emscontrol functionsTreasury/LoansManagementmanagingfinancialdealsandpositionstransfertoFinancialAccountingflexiblereportingdatafeedinterfaceLogisticsDCDC100100TM/ LOForexMoneyMarketDerivativesSecuritiesLoansMarketRiskManagementTR-MRMInformationprocurementInformationsystemSAPTREASURYTreasuryManageme

3、ntCashManagementTR-CMTR-TMLiquidity/risk analysisand simulationTradingBack officeControland auditTransfer toFinancialAccountingTreasuryProcessIndustries1980R/3LaunchIS-IS/DARWINprojectforLoans, Securities,Real EstatetodayR/2:Cash ManagementMoneyMarket, Forex,LoansR/3:Cash ManagementMoneyMarket, Fore

4、x,Derivatives,Securities,Loans,MarketRiskManagementInsurancecompaniesMortgagebanksCorporates1992199319941996MoneyMarket, Forex,DerivativesprojectMarketRiskManagementprojectAuditMarketreleaseCountries1980R/3LaunchIS-IS/DARWINprojectforLoans, Securities,Real EstateR/2:Cash ManagementMoneyMarket, Forex

5、,LoansR/3:Cash ManagementMoneyMarket, Forex,Derivatives,Securities,Loans,MarketRiskManagementGermany,Austria,Switzerland1992199319941996MoneyMarket, Forex,DerivativesprojectMarketRiskManagementprojectAuditMarketreleaseEnglish-speaking countriesOthertodayCustomersTradeandindustryMultinational corpora

6、tions:Broadrangeoffunctionsacross thewholetreasuryareaVarious organizational structures, suchascentralized/decentralizedtreasuryCoversspecialnationalfeatures,suchaselectronic bankingformatsCustomers: Shell,Daimler Benz, Petrofina,Burda, .Medium-sizedcompaniesAllfunctions available,regardlessofcompan

7、y sizeUniform userinterface simplifiestrainingand usabilityTheTreasuryworkstationconceptallowsscaled integration intothe existing systemenvironmentusingpredefined interfacesCustomersProvidersoffinancial servicesInsurancecompaniesManagement of securities, loans andreal estateIntegrated portfolioandri

8、skmanagementCustomers: MunichRe,Schweizer Rente,AachenerMnchner,.BanksTreasurymasterdataused by SAPBankingTreasuryManagement is usedasabasisformanagingloansgivenand loans taken by mortgage banks (customerproject)1)% of allcompaniessurveyedSource: Price WaterhouseTop 500Survey(Germany)Main TargetsofT

9、reasury1Toensureliquidity952To optimize financingcosts923To optimize yieldsonfinancialassets744To hedge costs (e.g. againstpossibleexchangerate fluctuations)615To hedge sales (e.g. againstpossibleexchangerate fluctuations)526To contributetoprofit throughactivemanagement of openpositions301)PriorityT

10、arget%1)1ToensureliquidityusingSAPCash ManagementTR-CMLiquidityManagementPriorityTarget%TR-CMCash Management: FunctionsComprehensive analysis of liquiditysituationData transfer fromoperative systems: Financials,Logisticsand Treasury ManagementElectronic bankingfunctionsCash position:dailybank accoun

11、tbalancesbyvaluedate,paymentadvicesCash concentration: concentratedbank accountsCash pooling: interest paidonbankaccountsLiquidityforecast: expected inflows/outflowsfromcustomersand vendors, planneddataMonitoring value dates,payment advices, conditions, checkscashed, .Area-specificprocessingBankpost

12、ingsSubledgeraccountsBankdataManual account statementSWIFTMT940MultiCashLockboxBACSETEBACCODAFIDESCSB43ZENGINKYOEUEUUSAUKFBECHEJPCzech.Rep.SwedenCash position andliquidityforecastBanksSubledger03/1510025Electronic BankingLink to paymentprogramManual/automatic accountstatementsVarious formatssupporte

13、dPostingstoG/Land customer/vendoraccountsBank PollingProcessescurrentbank informationAim:Monitoringbank accountmovementscomparingvaluedatesreconcilingpayment adviceandaccount or bankstatementcashedchecks analysisaccount interestcomparingbankconditionsControl FunctionsMonitoring correctpaymentsproces

14、sing forplanningGrouping:Banks09/0109/0209/03_BANKA9013060BANKB40-20-30-:Cash PositionAccounts:Subledger09/0109/0209/03_Account 1103010-Account 2207020-Account 31020-50Level:BANKA09/0109/0209/03_F0Subledger408020B2Incomingchecks606060B1Outgoingchecks10-10-20-Current bankaccountbalances/balancesperva

15、luedate(bankpostings,paymentadvices)Accountsmanaged in local/foreigncurrencyPlanninghorizon 0-5daysDocumentation andauditfunctionsCurrent liquiditypositiononbank accountsper specific dateStatusbefore concentrationafter concentrationBank 112005Bank 21005Bank 34001337Bank 4-350313501350Cash Concentrat

16、ionClearingproposalinaccordance withselection criteriaInteractivemanualadjustmentCredittransfers andcorrespondenceConcentratedbankaccountsLiquidityForecastFrance(E4)Payerofcash discount (E2)Payerofnetamount (E3)France(E4)(E2)Bank collection(E1)Payerofnetamount (E3)FI=Posting/SalesFW=Bill of exchange

17、XA= BlockingreasonA(E5)Groups:-Customerswithsimilar paymenthistory-CustomersofparticularinterestLevels:- Balances specifiedaccordingtolevelIntegrated databasisincluding customers,vendorsandplanneditemsExpectedcash inflows/outflowsovera planning horizonof1-24weeksSupport foroptimizing financialinvest

18、ment andborrowingMonitoring liquiditysituationTreasuryWorkstation. . .R/2RFFDR/3FICMR/3CMFIAnalysisCMLiquidityMRMMarketrisksTMFinancialtransactionsTradingBack officeFIFinancialAccountingR/3TreasuryWorkstationFI-ALEFI-ALERFCTR-CM-ALECompany 2Company code2Externalbank 2Externalbank 2ExternalbanksExter

19、nalbank 2Company 3Company code3Central TreasuryCompany code1Company 4Company code4LiquiditystatusCompany codes 2+3LiquiditystatusCompany codes 1-4internalfinancialtransactionsexternalfinancialtransactionsexternalfinancialtransactionsCorporateGroupEvaluationsImplementationStrategiesSupport forefficie

20、ntliquidity managementSupport forefficientliquidity forecastingAdvantage:RationalizationAdvantage:IntegrationTraditionalapproachwith FinancialAccountingProcess-oriented withLogistics:MaterialsManagement/ Sales &DistributionTR-CMFIMMSDextendedforecasthorizon vialink to thesupplychainautomaticdatatran

21、sferreduced transaction costsAutomaticdatatransferreduced transaction costsTraditionalapproachwith FinancialAccountingSupport forefficientliquidity managementAdvantage:RationalizationFITR-CMArea-specificprocessingCash positionBankdataBankpostingsSub-ledgersRationalization: ElectronicBankingextendedf

22、orecasthorizon vialink to thesupplychainProcess-oriented withLogistics:MaterialsManagement/ Sales &DistributionSupport forefficientliquidity forecastingAdvantage:IntegrationMMSDIntegrationGoodsreceiptInvoicePaymentAccountstatementCash positionPayment after arranged/forecast dateValuedate based on ba

23、nkstatementOrderCashManagementDeliverydate andpayment conditionsupdated paymenthistoryLiquidityforecastTR-CMIntegrationofLogisticsCash Position andLiquidityForecastCash PositionLiquidityForecastBank accountsincurrency:Account 1:Account nTotalPaymenttransactionsintransit:- incoming- outgoingFinancial

24、investmentsandborrowingsSubledgers:- A/R- A/P- Purchaseorders- OrdersTRADINGCashmanagementdecisionMarketinformationCash Position andLiquidityForecastCash PositionLiquidityForecastBank accountsincurrency:Account 1:Account nTotalPaymenttransactionsintransit:- incoming- outgoingFinancialinvestmentsandb

25、orrowingsSubledgers:- A/R- A/P- Purchaseorders- OrdersCash ManagementDecisionFinancialsG/LaccountsCustomers/vendorsTreasuryTR-TMMM/SDOrdersLogisticsFIFICash PositionLiquidityForecastCashmanagementdecisionMarketinformationTRADINGIntegrationwith other SAPmodulesTR-TMTR-CMTR-TMTR-TMFIMMSDFinancialsG/La

26、ccountsCustomers/vendorsTreasuryTR-TMMM/SDOrdersLogisticsFIFICashmanagementdecisionMarketinformationCash PositionLiquidityForecastTRADINGTreasuryandMarket RiskManagementPriorityTarget%1To ensureliquidity952To optimize financingcosts923To optimize yieldsonfinancialassets744To hedge costs (e.g. agains

27、tpossibleexchangeratefluctuations)615To hedge sales (e.g. againstpossibleexchangeratefluctuations)526To contributetoprofit throughactivemanagementofopenpositions30MarketRiskManagementImplementationofSAPTreasuryManagementTreasuryandMarket RiskManagementTR-TMTR-MRMPriorityTarget1To ensureliquidity952T

28、o optimize financingcosts923To optimize yieldsonfinancialassets744To hedge costs (e.g. againstpossibleexchangeratefluctuations)615To hedge sales (e.g. againstpossibleexchangeratefluctuations)526To contributetoprofit throughactivemanagementofopenpositions30TreasuryManagement:FunctionsTR-TMCompletefin

29、ancialtransactionand position managementSupport of tradingand backoffice functionsFunctionstotrack, check andrelease transactionsData transfer to FinancialAccounting(includingaccrual/deferralandvaluation)Flexiblesettingstoaccommodatecompany-specifictransactionandpositionmanagementprocessesFinancialt

30、ransactions assigned to portfoliosormanagedinsecurities accountsFlexiblereportingand portfolioanalysisDatafeedinterfaceSelectionofProductTypesProduct typesMoneymarketSecuritiesLoansForexFixed-termdepositsDepositsatnoticeCommercialPaperStocksSubscript. rightsInvestmentcertificatesBondsConvertiblebond

31、sWarrant bondsWarrantsMortgageloansBorrowersnote loansPolicyloansForexspotdealsForwardexchangedealsForeignexchangeswapsCap/FloorFRASwaps- Interest rate- Currency- Cross currency int.rateOTCoptions/ futures- Currency- Currency barrier- Interest rate- StockSwaption,IRGHedginginstrumentsInvestment/Borr

32、owinginstrumentsDerivative instrumentsTargetsInformationprocurementAssessmentofpossiblesolutionsInstrumentsMethodsMeasurementsIdentificationofappropriatefinancialtransactionsSimulationofalternativeresultsSelectionofanalternativeTradingBack officeAccountingReportingControllingProcessing /ControlInter

33、nal:- liquiditystatus- riskpositionExternal:- marketdataAnalysisandTradingProcessEarnings/risktargetsDecisionTradingTransactionandPositionManagementProcessPostingsPayment activitiesReversalsAccruals/deferralsValuationCreateorder/contractExercise/expirationGive noticeRolloversExerciserightsUser autho

34、rizationLimitmanagementBackofficeReleaseAccountingSettlement/ControlInterestrate adjustmentNettingReferencesConfirmationlettersSecurities accounttransfersCorporateactionsTrading SupportCompany-specific organizational structuresrepresentedinthe system,internal andexternaltransactionsUniform tradingsc

35、reen withaidsfordataentryandprocessingaswell as fastentrytemplatesTraderand userauthorizationsfor financialinstrumentsandfunctions,changedocumentsLimitmanagementStandinginstructionsfor specific business partners or organizational units allow bankdetailsandpaymentdetails to be assigned to transaction

36、sautomaticallyTrading Supportoptional:OrderContractBusinesspartner managementPartner dataMarketdatabaseMarketdataStanding Instructions Payment details Correspondence Derived flows-Entry and editing functions -Valuation toolsstanding instructions NPV calculatorcopying functionsoption price calculator

37、 shortcuts and tree structuresetc.fast entrycollective/fast processing-Automatic checks-dealer slip working days-limit managementtrader and business partner - change documentsauthorizationBasisforupdatingCash ManagementupdatingFinancialAccountingviaflexibleaccountdeterminationtriggering paymentupdat

38、ingitemsaccrued/deferred interestpayment initiationforeign currency valuationyieldcalculationFinancialTransactions:Cash FlowAmountinvested/borrowedACTUALPLANNEDConditionTransactionInvestment4/1/YY1mDEMmadeInterest7/1/YY10,000DEManticipatedRepayment7/1/YY1mDEManticipatedCash flow(example)FinancialTra

39、nsactionArchitectureProduct typeTransactiontypeBusinesspartnerTransferflowValuationflowAccrual/deferral flowFlowsdescribingstructurecharacteristicsPaymentinformationPostinginformationCalculationbasesCurrenciesBal. sheet acctTraderTermGeneral infoHistoryInterestRepaymentConditionsSequenceDefined usin

40、g ProcessingCategoriesOrderexpirationTerminationContractsettlementExercise/expirationsettlementKnock-in/knock-outsettlementTerminationsettlementContractExercise/expirationKnock-in/knock-outTerminationoptional:Orderwith/withoutorderContractTradingExample:Derivativeswith/withoutsettlementBack officeCo

41、ntractContractExercise/expirationContractAlternativewithout settlementwith/withoutorderExample:CurrencyoptionContractContractAlternativewith settlementTradingBackofficeExample:Currencybarrier optionwithknock-inContractsettlementKnock-insettlementExercise/expiration settlementContractKnock-inExercise

42、/expirationOtherExamplesforProcessingCategorieswith/withoutorderFinancialTransactions in CashManagement51ASAPAGTB0001AssignCashManagement levelsFixed-term depositSubledgertimedep.10Contract 10/0210/03 10/03later10/05 Cash Management: Display LevelsBanks LeDescription TB. . . . . .OBCurr. option. . .

43、 . . .DBForeign exch.Balancexxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxx132,323xxx,xxxxxx,xxxxxx,xxxxxx,xxx. . . . . . . . . . . . . . . . . . . . . xxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxxxx,xxxTime deposits10/0210/03 10/04 10/05 laterBack OfficeSupportCheckfinancialtransactions upon

44、settlementStructurecharacteristics andallocation to portfolios/financeprojectsPayment detailsCollective processingand editingfunctionsConfirmationmanagement/ confirmationstatusOutgoingconfirmations,optionofgeneratingS.W.I.F.T. files andlink to FX-Match viauserexitEnterandmatchincomingconfirmations,e

45、valuateoverduecounterconfirmationsMonitor limit utilization as partofend-of-dayprocessingNetting of financialtransactions(paymentnetting)Back OfficeProcessingConfirmationConfirmationCorrespondenceBackofficeAccountingPositionmanagementCollective processingNettingReferencesInterestrateadjustmentsSecur

46、ities accttransfersCorporateactionsConfirmationmanagement(incoming/outgoing)Payment detailsCurr.BankAcct. . . .ProcessingtransactionsSettlement/controlPayment detailsCorrespondencee.g. confirmationletter,SWIFTFaxe.g. dealingslipExternalInternalConfirmationConfirmationTransactionSettlementCurrencyPay

47、er/eePartnerbank IDPmntmeth.PaymentactivityHousebankAcct IDPaymentdetails IDPayment detailsAccount assignmentreferenceDB000001DeutscheBankFixed-term depositG/Laccount:113113DEMUSDDEMCOUNTERP. .2. .T. .BANKBBANKB. .X. .GIROUSD. .010102BusinessPartner -PaymentDetailsFixed-term depositinDEMat COUNTERPA

48、RTYForexpurchaseinUSDOurhousebank:BankBCurrencyPayer/eePartnerbank IDPmntmeth.PaymentactivityHousebankAcctIDAllocationsIncomingOutgoingPaymentdetails ID010102DEMUSDDEMCOUNTERPARTY. .2. .T. .BANKBBANKB. .X. .GIROUSD. .Fixed-term dep.Deposit at noticeMoneymarketForex. .010101Foreign exchange01Transfer

49、toFinancialAccountingPosting releaseoptionFlexibleaccount determinationatflowtype levelFlowstransferredtoFinancialAccountingDirectpostingtoclearingaccounts,clearingvia accountstatementMake payments using theextendedpayment program:Generateandprocesspayment requestsPayment netting, flexible settings

50、forpayment methodsRangeofposting evaluationsAccountingFinancialAccountingFixed-term deposit1month3.5%FIinterfaceSept 1st1100 -Fixed-termdeposit1,000,000Oct1st1120+Final repayment1,000,000Oct1st1200+Nominalinterest3,750Selectionoftransactionsandflowsrelevantfor postingPosting :AccountDeterminationFix

51、ed-term deposit1month3.5%Acctassignment ref.DB000001Fxd-termdep. acct113113DepositFinalrepaymentD1,000,000C1,000,000Interestearned273100Nominalinterest DC3,750Bank clearing acct113100FTdepositNominal int.FinalrepaymentDC1,000,0003,7501,000,000DebitBal.shtCredit BankDebitBankCredit Bal.shtDebitBankCr

52、edit Int.earnedFlow typePosting details1100 -1120 +1200 +Sept 1st1100 -Fixed-termdeposit1,000,000Oct1st1120+Final repayment1,000,000Oct1st1200+Nominalinterest3,750Balance sheet accountacc.toaccount assignmentreferencePosting using Clearing Accountsfixed-term depositviaactivityatfixed-term depositlev

53、elpost flows toclearingaccountchangetoclearingaccountschangetobank accountlevelTR-TMclearingentryviaaccountstatementTR-TMTR-CMTR-CMPayment Transaction HandlingFixed-term depositAccount statementfrom bank.usingclearingaccountsFixed-term dep.account(Deuba)Housebank account(Deuba)100m100mSAPHousebankDE

54、UBAfixed-termdepositBank clearing account100m100mPosting using PaymentProgramPaymentadviceBank transferEurocheckCheckProposaldata setPrintdata setEditproposalMasterrecordPayment requestsCurrentparametersPaymentcontrolPaymentsummaryProposalrunPayment runPrintprogramIDOCDocumentsPayment Transaction Ha

55、ndling1stfixed-termdeposit2ndfixed-termdeposit.usinga clearing accountfor paymentrequestsFixed-term dep.account(Citi)Housebank account(Deuba)100m150mSAPHousebankDEUBApaymentorderPayment requestclearingacctBank clearing account150m150m50m100m50m150mpayment(triggerpayment requestrun)account statementf

56、rom bankCitipaymentfixed-term depositCross-ApplicationReportingCommonreportingstructureData selection,definition oflayoutIndividual reportingJournalMaturitylistRevenuelistDrilldownreporting structuresPARTNERPRODUCT TYPE Borrowing/sale1PRODUCT TYPE2PARTNERCURRENCYPRODUCT TYPECURRENCYCompany codeTrade

57、rProduct typePortfolioSecurities accountXPartnerTransactionCurrencyAccount assignmentreferenceXXInvestm./purchaseXPARTNERCURRENCYMultidimensional Flexible Reporting3PARTNERPRODUCT TYPECURRENCY Money marketForexDerivativesSecuritiesLoansDatafeedArchitectureSAPDatafeedProviderSelectiverefreshRequestRe

58、questReplyReplyRFCR/3ApplicationsTR-TMTreasuryManagementTR-RMRisk Management.InformationprovidersExternalinterfaceprogramDatafeedServerLogDatafeedserverMarketdatabufferTranslationtableOperativeSAPtablesAnalysisAssessmentofpossiblesolutionsEliminaterisksIdentifysuitablefinancialtransactionsSimulateal

59、ternativeresultsSelectionofanalternativeRisk ManagementProcessinR/3TR-TMSDUS$DEMDatafeedTR-TMTR-CMMMTR-TM-MRMTR-TM-MRMTR-TM-MRMRisk controllingTR-TM-MRMTradingBack officeAccountingReportingValueatriskProcessing /ControlInformationprocurementMark-to-marketSensitivitiesCrashscenariosTR-TMInternal:- ri

60、skpositionExternal:-market dataRisk ManagementTR-TMTR-MRMMarketriskmanagementSelectionofinstrumentsAuthorization conceptatuser,businesspartnerandtrader levelLimitmanagement (moneymarket, forex)Hedging strategiesMacrohedgePortfoliohedgeMicrohedge(releasenotyet specified)InformationprocurementInterest