Automation_Process, Risk and Control.

1. What is automation:- T echnology that reduces human intervention in the process and  i. The process works as per predefined logic  ii. Relationship between activities. The core concept is "relationship".   2. Why Automation   A utomation helps in  1. Reducing risk of error and fraud.  2. Increase control efficiency and effectiveness  3. Streamline processes. 4. Helps in measuring the outcome of activities. 5. Ultimately business growth  3. Process maturity level and automation.  Process Maturity Model 4. Some example of Procurement to Payment (P2P) Automation i. Vendor Portal:  V alidates supplier information before it is entered into the supplier master file. Risk Mitigation 1. Duplicate check:- Suppliers are automatically validated before they are entered into the supplier master file. 2. Compliance check:-  GST and Tax validation reduce the risk of fines and incorrect tax information, which co...

FF_5 The error message FB772 Stmnt opening bal. is not the same as Stmnt closing bal. Recently, I got one requirement to convert the above error into a warning. Let discusses the business scenario first; For clearing entries i.e Bank receipt GL to Main bank GL there should be entries in the SAP system. But business will come to know such transaction (customer receipts) after 2-3 days. Meanwhile, the client has to upload the MT940 file because it comes on every day.  At the time of uploading, Client gets an error with respect to mismatch the opening and closing balance. So, below is the steps to convert Error into Warning, 1. Use Transaction OBMSG 2. Ignore the message "The table is Cross Client" and Click on Ok button. 3.  Click on position and search for Application "FB" and press enter    4. Select the "FB" line and double click on Message.    5.  Convert FB729 and FB772 from "A" to "I".  Link for know about message type  https://caab...

Message Types This message is for  https://caabhayjs.blogspot.com/2021/04/sap-electronic-bank-statement-error.html 1. S Message (Success)       S-type messages are displayed in the Status Bar on the same or next screen. The message has no influence on the user's work. It only confirms the successful execution of system functions. 2. I Message (Information)    This message has a modal character - that is, the user must acknowledge the message. I messages are therefore displayed in a modal dialog box. The processing can be continued by pressing the ENTER key. 3. W Message (Warning)     So-called W messages interrupt the processing and allow the user to make corrections. For this reason, fields are enabled for input. W messages are displayed in the Status Bar if the messages have been issued by a primary window. If a dialog box issues the message, the system displays the message in a separate dialog box. With regard to the ...