Hierarchy
SAP_APPL (Software Component) Logistics and Accounting⤷
LO-AB (Application Component) Agency Business (Global Trade)⤷
WZRE (Package) Agency Business
Basic Data
| Data Element | WRKAL |
| Short Description | Settlement calendar |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | WFCID | |
| Data Type | CHAR | Character String |
| Length | 2 | |
| Decimal Places | 0 | |
| Output Length | 2 | |
| Value Table | TFACD |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Sett. cal. |
| Medium | 15 | Settlement cal. |
| Long | 20 | Settlement calendar |
| Heading | 7 | SettCal |
Documentation
Definition
The settlement calendar fixes a single settlement date for documents which are due in the same period. This is the remuneration list date.
The remuneration list date is also the posting date and value date for remuneration lists which are created as part of del credere settlement.
Use
In payment management, you can use this calendar to ensure that vendor invoices and their related del credere postings are settled at the same time. This ensures that both the vendor invoices and the del credere credit notes are taken into account at the same time.
Example
You receive invoices from a vendor which have different due dates, and a payment target usually of 14 days. You want to settle these invoices on fixed days e.g. on the 5th, 15th and 25th of the month, making use of the first term of payment.
To be able to do this, you must enter a calendar in the system which contains these settlement dates. When the documents are entered, the system then determines a remuneration list date based on the due date and taking account of the first term of payment and vendor tolerance group. This remuneration list date will be on one of the three fixed dates. In the payment process, the documents, together with the value date, the first term of payment and the tolerance group, are then taken into consideration on one of the settlement dates which is entered as the remuneration list date in the payment document.
History
| Last changed by/on | SAP | 19970827 |
| SAP Release Created in |
