What is non-periodic settlement date in SAP FS-AM - Account Management?

SAP Term: non-periodic settlement date

• Component: FS-AM

• Component Name: Account Management

• Description: Non-periodic settlement dates are grouped together into settlement date categories. For each settlement date category, it is defined whether the system can generate and change dates, or whether this can be done manually. All the non-periodic settlement dates, such as the extraordinary settlement date or the manually created settlement date, are listed in the table of settlement date categories TBCA_CN_EV_ACBAL.

Smart SAP Assistant

• Key Concepts: 
  Non-periodic settlement date is a feature of the FS-AM Account Management component of SAP. It allows users to define a specific date for the settlement of an account, rather than having to settle it on a periodic basis. This can be useful for accounts that have irregular payment patterns or require special attention. 
  
  How to use it: 
  In order to use the non-periodic settlement date feature, users must first define the account in the FS-AM Account Management component. Once the account is defined, users can then specify a non-periodic settlement date for the account. This can be done by selecting the “Non-Periodic Settlement Date” option in the “Account Settings” tab. 
  
  Tips & Tricks: 
  When setting up a non-periodic settlement date, it is important to ensure that the date is set far enough in advance so that all payments are settled on time. Additionally, it is important to keep track of any changes to the non-periodic settlement date so that payments are not missed or delayed. 
  
  Related Information: 
  For more information about using the non-periodic settlement date feature in FS-AM Account Management, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.