Manage Security Deposits
Application component: Fiori UI for Contract Accounts Receivable and Payable
App type: Transactional
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Contract Accounting (S/4 CLD)
Description:  With this app you can display, create, clear, release, and reverse cash security deposits. Using the available filters, you can enter search criteria in order to find specific security deposits. 
Key features:  You can use this app to:   Create a new security deposit Press Create or Copy if you would like to use an existing security deposit as a template. Then, enter a contract account and if necessary, a contract. Enter the reason for the request and the amount, as well as the currency and the start date. When you save the data entered, the system displays the new security deposit. The request document is posted at the same time.   Clear a security deposit To clear, mark the desired security deposit in the list and press Clear.   Release a security deposit To release, mark the desired security deposit in the list and press Release. Alternatively, you can click on a security deposit to display the detail view and then fully or partially release it. To reverse, mark the desired security deposit in the list and press  When you release a security deposit the system removes the clearing restriction of the security deposit payment. This means that the payment can now be cleared. You can only release security deposits, if their status is either Paid or Released Partially. When you release a security deposit in part, you can offset the released portion or pay it out if a payment method is defined in the partial release.   Reverse a security deposit To reverse, mark the desired security deposit in the list and press Reverse.   Reduce the amount of cash security deposit request To reduce the amount of cash security deposit request, clear the request. The system then clears the unpaid portion of the security deposit request and writes off the original receivable.   Increase the amount of a cash security deposit  To increase the amount of a cash security deposit receivable, edit the security deposit request. Then choose Create to post an additional security deposit request. When you save the data a new cash security deposit receivable is posted with reference to an existing cash security, provided that this has not been reversed or released.   Create a security deposit request To request a security deposit, you can send customers correspondence. To create the correspondence, select the desired security deposit from the list. Then press Create Correspondence. In the following dialog, specify the channel and select a print queue. Press Create and Print to print immediately. Press Create to set the correspondence in the print dataset of mass printing.    
Business roles: Accounts Payable and Receivable Accountant (FI-CA)| Administrator - Accounts Payable and Receivable (FI-CA)| Collections Specialist (FI-CA)| Accounts Payable and Receivable Manager (FI-CA)| External Auditor - Accounts Payable and Receivable (FI-CA)
Administrator - Accounts Payable and Receivable (FI-CA): (is an add-on role to the Administrator)
Is responsible for the planning, scheduling and execution of jobs and mass activities within FI-CA, including critical Business processes, such as payment run, payment lot, dunning run. 

Collections Specialist (FI-CA) : 
Deals with the collection process in the company including contacting individuals who have defaulted on debts and/or who have not paid past-due bills to discuss the handling of the overdue items (e.g. using payment agreements).

Accounts Payable and Receivable Manager (FI-CA) : 
Minimizes overdue receivables and bad debt losses, analyzes and improves customer payment behavior, and optimizes receivables processing costs.

Accounts Payable and Receivable Accountant (FI-CA) : 
Deals with payment and credit clarification of B2B and B2C customers and works off complex customer requests according account clarification.

External Auditor - Accounts Payable and Receivable (FI-CA) : 
Reviews the accounts of organizations to ensure the accuracy and completeness of their financial records. Determines if the financial statements of an organization fulfill all required legal accounting policies, and procedures.