【正文】 nchner, ..... ? Banks ? Treasury master data used by SAP Banking ? Treasury Management is used as a basis for managing loans given and loans taken by mortgage banks (customer project) ? SAP AG R 1) % of all panies surveyed Source: Price Waterhouse Top 500 Survey (Germany) Main Targets of Treasury 1 To ensure liquidity 95 2 To optimize financing costs 92 3 To optimize yields on financial assets 74 4 To hedge costs (. against possible exchange rate fluctuations) 61 5 To hedge sales (. against possible exchange rate fluctuations) 52 6 To contribute to profit through active management of open positions 30 1) Priority Target % 1) ? SAP AG R 1 To ensure liquidity using SAP Cash Management TRCM Liquidity Management Priority Target % ? SAP AG R TRCM Cash Management: Functions Comprehensive analysis of liquidity situation Data transfer from operative systems: Financials, Logistics and Treasury Management Electronic banking functions Cash position: daily bank account balances by value date, payment advices Cash concentration: concentrated bank accounts Cash pooling: interest paid on bank accounts Liquidity forecast: expected inflows/outflows from customers and vendors, planned data Monitoring value dates, payment advices, conditions, checks cashed, ... ? SAP AG R Areaspecific processing Bank postings Subledger accounts Bank data Manual account statement SWIFT MT940 MultiCash Lockbox BACS ETEBAC CODA FIDES CSB43 ZENGINKYO EU EU USA UK F BE CH E JP Czech. Rep. Sweden Cash position and liquidity forecast Banks Subledger 03/15 100 25 Electronic Banking ? Link to payment program ? Manual/automatic account statements ? Various formats supported ? Postings to G/L and customer/vendor accounts ? Bank Polling ? Processes current bank information ? SAP AG R Aim: Monitoring bank account movements paring value dates reconciling payment advice and account or bank statement cashed checks analysis account interest paring bank conditions Control Functions Monitoring correct payments processing for planning ? SAP AG R Grouping: Banks 09/01 09/02 09/03 ________________________________________ BANKA 90 130 60 BANKB 40 20 30 : Cash Position Accounts: Subledger 09/01 09/02 09/03 ___________________________________________ Account 1 10 30 10 Account 2 20 70 20 Account 3 10 20 50 Level: BANKA 09/01 09/02 09/03 _________________________________________ F0 Subledger 40 80 20 B2 Ining checks 60 60 60 B1 Outgoing checks 10 10 20 Current bank account balances/balances per value date (bank postings, payment advices) Accounts managed in local/foreign currency Planning horizon 05 days Documentation and audit functions Current liquidity position on bank accounts per specific date ? SAP AG R Status before concentration after concentration Bank 1 1200 5 Bank 2 100 5 Bank 3 400 1337 Bank 4 350 3 1350 1350 Cash Concentration Clearing proposal in accordance with selection criteria Interactive manual adjustment Credit transfers and correspondence Concentrated bank accounts ? SAP AG R Liquidity Forecast France (E4) Payer of cash discount (E2) Payer of amount (E3) France(E4) (E2) Bank collection(E1) Payer of amount (E3) FI = Posting/Sales FW = Bill of exchange XA = Blocking reason 39。s note loans ? Policy loans ? Forex spot deals ? Forward exchange deals ? Foreign exchange swaps ? Cap / Floor ? FRA ? Swaps Interest rate Currency Cross currency ? OTC options / futures Currency Currency barrier Interest rate Stock ? Swaption, IRG Hedging instruments Investment/Borrowing instruments Derivative instruments ? SAP AG R Targets Information procurement Assessment of possible solutions Instruments Methods Measurements Identification of appropriate financial transactions Simulation of alternative results Selection of an alternative Trading Back office Accounting Reporting Controlling Processing / Control Internal: liquidity status risk position External: market data Analysis and Trading Process Earnings/risk targets Decision ? SAP AG R Trading Transaction and Position Management Process Postings Payment activities Reversals Accruals/deferrals Valuation Create order/contract Exercise/expiration Give notice Rollovers Exercise rights User authorization Limit management Back office Release Accounting Settlement/Control Interest rate adjustment Netting References Confirmation letters Securities account transfers Corporate actions ? SAP AG R Trading Support ? Companyspecific anizational structures represented in the system, internal and external transactions