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Remittance Advice

Former Member
0 Likes
534

hi all,

can anyone tell me what is Remittance Advice and how to create it.

Thx in advance.

hi all,

can anyone tell me what is Remittance Advice and how to create it.

Thx in advance.

1 REPLY 1
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uwe_schieferstein
Active Contributor
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378

Hello Sippy

"...The remittance advices or any other data are provided in the attachment to e-mail via internet. After every settlement-processing the remittance advice will be sent at once to e-mail address of those suppliers with a signed Agreement. Thus, the supplier knows several days in advance the amount of the payment to come (time saving, better cash-management)."

See [MIAG C.V.|https://www.miag.com/index.php?id=2&action=overview&user_lang=en]

A nice overview about the process is shown in: [ALE, EDI & IDoc Technologies for SAP|http://books.google.ch/books?id=IKdYRntfsqUC&pg=PA316&lpg=PA316&dq=remittanceadviceedi&source=web&ots=jqB3ZPMOdZ&sig=v-ew-zRbdqCjNW_rGkkvGAJreDY&hl=en#PPA316,M1]

"...We have successfully implemented the sending of remittance advices to vendors via EDI (IDOC REMADV). It works perfectly for newly created payments. "

See [Remittance advice via EDI (IDOC REMADV)|http://sap.ittoolbox.com/groups/technical-functional/sap-acct/remittance-advice-via-edi-idoc-remadv-821247]

Regards

Uwe