If you use the Central Finance application, it is possible that, at the end of the month, the documents are stuck in error in AIF for a variety of reasons, such as a configuration change or a master data issue, which may not be acceptable if reporting is required by CFIN.

With new release SAP S/4HANA 2021 FPS1 the new functionality is made available in Central Finance known as – Temporary Postings.

Some key features and benefits of this functionality are:

  • Creation of temporary postings from a pending journal entry by copying all relevant data incl. references
  • Automatic reversal when pending document are processed
  • Manual Reversals are supported
  • Only limited editable fields to ensure compliance (e.g. amounts, posting dates and company code are read only)
  • Increased efficiency with an integrated process for temporary postings
  • Automatic reversals ensure correct numbers in Financial Statements
  • Auditability as the temporary posting and the reversal have references to the pending journal entry
  • Temporary postings are excluded for the Central Payment process (e.g. payment run, manual payment posting) to ensure the payment is made based on the original open items.

Fiori app “F6062 –Manage Temporary Postings” is available

Configuration steps

CFINIMG

We have to complete 2 activities here

Maintain Document Types for Temporary Postings

This is essential because when a document is posted temporarily, its nature could change. As a result, the original document type might not be appropriate for the temporary posting for the following reasons, for instance:

  • The original posting uses external numbering, but external numbering cannot be used for temporary postings.
  • The account type has been changed.
  • The temporary posting does not contain the information for document splitting which is referenced by the original document.

Using unique number ranges and document kinds can help you find the temporary postings more quickly.

Maintain Reversal and Payment Block Reasons for Temporary Postings

As soon as the original pending message has been successfully processed, the temporary postings are instantly removed. A manual reversal of the posting can be done if there is a mistake, such as erroneous account information or an unnecessary publishing. Each time a reversal occurs, a reversal cause must be stated. The system will choose one for you depending on the settings you choose in this activity.

It is mandatory to maintain the payment block reason for all scenarios, including Central Payment.

To use the mentioned app the role – SAP_BR_GL_ACCOUNTANT has to be assigned to the user.