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SPL screening of FI incoming payments

Former Member
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I have been tasked with setting up SPL screening of incoming payments. Unfortunately, I am not a FI guru. I am in the process of gathering lower level requirements.  The users have told me they use FF.5 to automatically import, post and clear their bank statements. However, they do not know what is going on behind the scenes. They are unsure if payments are created. I have been trying to piece together what is happening. Below are the steps I think are happening and how it would interface with GTS. I know that FF.5 is customizable, so it depends of course on how it is customized.

  1. The bank statement is received from the bank.
  2. The bank statement is pre-processed to make it importable for FF.5
  3. FF.5 is run.
  4. Incoming payments (document type FIIN) are created from the bank statement.
  5. The incoming payment is transferred to GTS.
  6. GTS screens the vendors, banks, and additional partner functions on the incoming payment for SPL and embargoes.
  7. If there is a hit, GTS sends the block back to FI.
  8. If the incoming payment is blocked, no further processing on the incoming payment takes place unless the block is cleared by the compliance team.
  9. If the incoming payment is not GTS blocked or its GTS block is cleared, the incoming payment is posted.
  10. If the incoming payment is not GTS blocked or its GTS block is cleared, the incoming payment is cleared against the invoice.

Does this look about right?

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Answers (1)

Answers (1)

Former Member
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Hi Mike,

This process looks good to me, .only concern on point # 7, In 1st instance GTS sends block to FI, post this Compliance team review the block and found it is a false hit and they released it, so how are you going to communicate this back to FI, as this will not be communicated automatically to FI.

Rest all looks good.

Regards,

Vikas Singh

Former Member
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Hi Vikas,

Thanks for the review. I was assuming that this is all standard SAP functionality. For sales orders, when the block is released in GTS, the release is automatically transferred to SD and the sales order can be processed further. Are you saying that currently there is no standard way to transfer block releases to FI? Must an enhancement be implemented to unblock the FI payment?

-Mike

Former Member
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Hi Mike,

It is available standardly for Sales order & Delivery but not for finance document, so what you need to do it you will have to set up process with Finance and Compliance team where FI team will send the blocked payment transaction into GTS system for re-screening and if the particular transaction is released by Compliance team then during 2nd re-screening this release information will be updated into FI system. Do let me know if you need any further clarification.

Regards,

Vikas

Former Member
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Vikas,

Thanks for your input. This will get me started.

-Mike