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SAP FS-CD (Collections and Disbursements) is an SAP module that assists in handling insurance tasks such as insurance settlements, acceptance of payments, a collection of payments, interest calculation and other such functions of insurance. It works more effectively through its integration with other SAP modules such as Financial Asset Management, Policy Management, Claims Management and Reinsurance Management. SAP FSCD assures the most secure and automated way of handling payments which include both incoming and outgoing payments.

The features and functionalities of FSCD include mapping procedures of master data, dealing with Payment plans, using Documents, advanced payment handling methodologies, identifying & managing payment requests, Agent Handling issues, working with balance display, archiving, dunning functionality, coinsurance feature, integrating functionalities, customer enhancement options, and many other advanced ones. Anyone with a passion to learn more about it in detail can take up the course.

The course contents of SAP FSCD online training focus on covering the topics of the subject which are vital for an efficient functioning of an enterprise along with its practical implications in real life scenario. Practical sessions and case studies provide a clear knowledge of the course. SAP FSCD training deals with topics such as

  • SAP FSCD Application Area Configuration Document

  • Contract Accounts Configuration Overview

  • SAP FSCD Postings and Documents Configuration Document

  • Maintain Document Types and Assign Number Ranges

  • Define Account Assignments for Automatic Postings

  • SAP FSCD Clearing Variant Configuration Document

  • SAP FSCD Account Balance display Configuration Document

  • SAP FSCD Withholding Tax Configuration Document

  • Define Formulas for Withholding Tax Calculation

  • SAP FSCD Print Workbench Configuration Document

  • SAP FSCD Correspondance Configuration Document

  • SAP FSCD Check Management Configuration Document

  • Define Bank Clearing Account for Encashment of Outgoing Check

  • SAP FSCD Customer Contact Configuration Document

  • SAP FSCD Payment Configuration Document

  • Define specifications for the Management of Receipts

  • Maintain Document Type SpeciFICAtions for the Migration of Payment

  • Define specifications for Repayment of Incoming Payments

  • Define specifications for Paying Company Code

  • SAP FSCD Line Item Interest Calculation Configuration Document

  • Dunning Configuration Document

  • Return Configuration Document

  • Write off Configuration Document

  • Reversal Configuration Document

  • Integration Configuration Document

  • Define Posting SpeciFICAtions for General Ledger Transfer

  • creditworthiness overview

  • maintaining accounts and individual value adjustments.

  • Case study and a project

These have been the topics covered during training along with lectures from well-experienced instructors who are well exposed to the industry. SAP FCFD Online training experience is made interesting through online chats on the topics covered, interactive discussions, role plays, case studies and practical lab sessions which make the SAP training process to be a unique & interesting one.

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Upcoming schedule for inclass / online sap fscd course

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6/19/2024 Online Class Register Now
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