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ISR_GLT_IFW: Trade, Invoice Forecasting (New) ( RELNLO_GT_606_ISRIFW_M )

ISR_GLT_IFW: Trade, Invoice Forecasting (New) ( RELNLO_GT_606_ISRIFW_M )

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ISR_GLT_IFW: Trade, Invoice Forecasting (New)

Use

As of SAP enhancement package 6 for SAP ERP 6.0, Enterprise Extension Global Trade (EA-GLT 606), the business function Trade, Invoice Forecasting (ISR_GLT_IFW) is available.

With this business function, you can use IFW (Invoice Forecasting Worklist). This is a new application that you can use to simulate and then track any invoices (both inbound and outbound). It is used by an invoice clerk or accountant working in a commodities trading company.

Invoices can be sent out as soon as a provisional price is known. Incoming invoices can be verified as early as possible and you can simulate expected invoices (due date, amount). Now you have one central application to view all deals that need to be invoiced.

IFW allows the following

  • Real-time handling of simulated and real invoices
  • Integration into Commodity Pricing Engine (CPE) for market curves, quotations
  • Support of third party front-office trades (partner based CPE pricing mode)

The standard delivery of IFW assumes a GTM trading contract (TC) as a source document.

The A2A and A2X SOA services for the business object Trading Order allows a third party to set the IFW relevancy indicator on item level, dependent on Customizing settings.

For more information, see the following release notes:

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

Further Information

SAP Library for SAP ERP under Business Functions (SAP Enhancement Package 6 for SAP ERP 6.0) -> Enterprise Business Functions -> Logistics -> Trade -> Trade, Invoice Forecasting.






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