Reconcile Cash Flows - Intraday Memo Records
Application component: Cash Operations
App type: Transactional
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Cash and Liquidity Management (S/4)
Description:  With this app, you can reconcile intraday memo records that were generated automatically from intraday bank statements with forecasted cash flows. This feature enables you to compare your intraday bank statements with your forecasts before end of business. This way, you can easily identify unfinished and unknown payments in time. It also helps you eliminate duplicate items in forecasts to gain a more accurate account of your cash positions. 
With this app, you can manually reconcile intraday memo records that were generated automatically from intraday bank statements with forecasted cash flows. This feature enables you to compare your intraday bank statements with your forecasts before the end of the business. This way, you can easily identify unfinished and unknown payments in time. It also helps you get rid of duplicated items in forecasts to gain a more accurate account of your cash positions.
Key features:  You can use this app to:   View automatically reconciled intraday memo records and forecasted cash flows Once an intraday bank statement is imported into the system, the system automatically generates an intraday memo record for each bank account. The system then automatically reconciles open intraday memo records with open forecasted cash flows. For more information, see the “Automatic Reconciliation” section below. In addition, you can trigger automatic reconciliation on demand using the transaction FCLM_CR_INTRAM (Reconcile Intraday Memo Records).    Manually reconcile intraday memo records with forecasted cash flows   Undo reconciliations for selected items and reset them to the open status To do so, select any item and then choose the Undo Reconciliations button. The system resets the reconciliation for the selected items and all other items that have been reconciled and sets them all back to open items.    Monitor the reconciliation status of all relevant bank accounts     Reconciliation Status   Meaning      Reconciled   The intraday memo records of this bank account are completely reconciled with forecasted cash flows.     Intraday Memo Records   Some intraday memo records of this bank account are not yet reconciled.     Open Cash Flows   Some forecasted cash flows of this bank account are not yet reconciled.     Open Memo Records and Cash Flows   Some intraday memo records and forecasted cash flows of this bank account are not yet reconciled.     The reconciliation result is also reflected in the Cash Flow Analyzer, where you can filter intraday bank statements and forecasted cash flows according to their reconciliation status. By combining different filter options, you can analyze your cash flows and bank account balances from various dimensions.    
Business roles: Cash Management Specialist| Cash Manager
Cash Manager : 
Is responsible for overall liquidity status of group corporate, executes cash transactions and centrally manages bank accounts with rich attributes, including overdraft limit and signatories, approves for opening or closing bank accounts, etc.

Cash Management Specialist : 
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.