What is correspondence in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: correspondence

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: A communication that can be printed automatically or manually, or sent directly by the SAP System by telefax or SWIFT. Correspondence includes: External correspondence confirmation letter Internal correspondence dealing slip related to financial transactions.

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• Key Concepts: 
  Correspondence is a feature of the Transaction Manager component of SAP Financial Supply Chain Management (FSCM). It allows users to create and manage documents such as invoices, credit memos, and payment requests. Correspondence also enables users to track the status of documents and manage document-related tasks. 
  
  How to use it: 
  To use correspondence in SAP FSCM, users must first create a document template. This template can be used to generate documents such as invoices, credit memos, and payment requests. Once the template is created, users can then generate documents from it. The generated documents can then be tracked and managed using the correspondence feature. 
  
  Tips & Tricks: 
  When creating a document template, it is important to ensure that all necessary information is included. This will ensure that all generated documents are accurate and up-to-date. Additionally, it is important to keep track of all generated documents in order to ensure that all tasks related to them are completed in a timely manner. 
  
  Related Information: 
  For more information on using correspondence in SAP FSCM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/FIN_FSCM_TRM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html