What is cash control in SAP IS-R - SAP for Retail?

SAP Term: cash control

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Internet Application in SAP Retail Store. Cash control is used for entering different business transactions that involve the cash stock in a store. It is also used for comparing the cash stock data that has to be transferred via the POS interface to the ERP system with the data determined in a count day-end or shift- end closing. Cash paid out and cash paid in also belong to the business transactions that are relevant to cash control. Cash is generally paid out when there are smaller bills to be paid for running the store. This could be bills for cleaning work or postage costs. Cash paid in could involve a late payment from a regular customer that was entered in the system previously as cash paid out. The second group of business transactions for cash control includes bank deposits where cash is taken from the safe in the store and paid in at the bank. In the function for cash stock in cash balancing, the data created in the system is compared with the cash stocks that were counted. Foreign cu

Smart SAP Assistant

• Key Concepts: 
  Cash control is a component of the IS-R SAP for Retail system. It is used to manage the cash flow of a retail business. It allows retailers to track and monitor cash transactions, as well as set up and manage cash accounts. It also provides tools for reconciling cash accounts and managing cash flow. 
  
  How to use it: 
  Cash control can be used to set up and manage cash accounts, track and monitor cash transactions, reconcile cash accounts, and manage cash flow. It also provides tools for setting up payment plans, tracking payments, and managing customer accounts. 
  
  Tips & Tricks: 
  When setting up a cash account, it is important to ensure that all transactions are properly recorded and tracked. Additionally, it is important to regularly reconcile the account to ensure accuracy. 
  
  Related Information: 
  Cash control is part of the IS-R SAP for Retail system. Other components of this system include inventory management, customer relationship management, and financial management.