Dis advantages FICA

[Former Member]

Hi Can some body tell me what are disadvantages/limitations/ specific requirement of FICA over FIAR.

We are healthcare industry & we have to choose between thes two modules.

Nik

[Former Member]

Hello,

For industry specific module, we have to use both FICA & FIAR

The limitations of FIAR covered by FICA.

Advantages of FICA are

1.Optimized use of storage space due to a special type of document structure.

2.Parallel mass runs

3.Summarization records

4.Agent friendly processing of account transactions

basis for industry and customer specific functionalities.

Why all these because it handles a huge data regularly.

Regards,

Narendar Konakanchi

[Former Member]

There are certain functionalities that are unique in FICA like Payment schemes << where you collect either fixed or variable monthly amounts from the customers...called FADD & VADD ...Fixed Direct Debit & Variable Direct Debit>>

This functionality is not available in FI-AR.

Also there are certain IS-U regulations where you can only comply via ISU like corresponences, <<few imp things in Metering too>>, Tax compliance for down payments etc.

It is true both FICA & FI-AR are subledgers....but FICA is far suitable for IS-U, IS-T, IS-I etc.

Hope this helps

Rgds

Rajendra

Pnts!!!