Electronic Payments

[Former Member]

We need to configure SAP for electronic Payments. That means we need to send a file to bank (in their specified format) for the vendor payments for some of the vendors.

I am confused how to implement it. Does it need to be done through EDI setup in SAP or is there any simpler method to accomplish it ?

I'd appreciate any help.

Thanks

[Former Member]

We need to configure SAP for electronic Payments. That means we need to send a file to bank (in their specified format) for the vendor payments for some of the vendors.

I am confused how to implement it. Does it need to be done through EDI setup in SAP or is there any simpler method to accomplish it ?

I'd appreciate any help.

Thanks

[sridhar_k1]

SAP Payment program RFFOUS_T generates payment file in ACH format, you need to FTP the file to bank.

Use transaction F110 to generate the file ,

Here's SAP docu on configuration and execution on payments:

http://help.sap.com/saphelp_erp2004/helpdata/en/01/a9bc83455711d182b40000e829fbfe/frameset.htm

Regards

Sridhar

[Former Member]

Thanks Sridhar for your help. Now I have created a new payment method for Electronic file transfers in country and company code. I assigned the payment program RFFOUS_T to this method and assigned this as "Bank transfer". Then I set this payment method in vendor master. Then created the invoices and did the payment run (F110). But its giving an exception that "No valid payment method found".

What did i do wrong ?

[Former Member]

Hi,

I am also facing the same problem as "No valid payment method found". Please can some one help me on this?

Thanks in advance

Sunil.

[Former Member]

Hi Sridhar

it seems that you are familair with EBS for USA. is it possible I can send you some question about this topic?

regards,

Dt123