Hi
The primary configuration required for automatic payment program ( T Code FBZP) is;
1. All Company Codes - For all the company codes settings have to be made in the system for Intercompany payment relationships, tolerance days for payments, customer and vendor transactions that need to be processed, paying company codes (Co code that make payment on behalf of other company codes called as sending Co Codes in SAP),
2. Payment method settings - This has two levels of definition, payment methods allowed at the country level and the payments methods to be used by the company codes in consideration. SAP has predefined payment methods in the system for most countries. Based on the Business Requirements, company codes can select the payments methods that meet their requirements out of all the methods defined for that country.
3. Selection of Paying Bank - There are many factors that comprise of this level of setting in payment program configuration. The banks to be used must be put in a ranking order. The ranking order screen is nothing but a order of banks in which the payment method would consider for each payment method. Another setting is the amount available in the account. This screen in SAP lists the banks and the amounts available in each bank. Another factor is the expenses and the charges involved in the selection of Paying Bank. The function for incoming and outgoing payment consists of a bank charges fields for the users which can be subtracted for incoming and added for outgoings. The system then posts these charges to an expense account for Bank Charges, which requires definition of a posting key and account assignment.
Assign points if the information is useful to you
Regards
Sanil Bhandari
Bluesky
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.