Automatic Payment Program

[Former Member]

What is the role of automatic Payment Program? What is the use of (next payment date run) on that screen?

[Former Member]

in automatic programe is useful to both the incoming and outgoing what is the configuration? is it possible or not if possible whate customization

[Former Member]

Hi

APP covers all items falling due between current run date and next payment date to avoid discount/rebate loss.

APP can be configured in FBZP and run by F110. It also covers customers and special g/l transactions. useful to cover multiple vendors/customers at one go.

pushkaraj

[Former Member]

HI

In genral we make the payment to vendor thorugh manual Entery

but in Automatic payment program sysytem it self make the payment to vendors

and in that next payment run date is that today app executed and

when do u want APP after the firtst run we are defing here

we make the configration in FBZP and execution F110

Regards

[Former Member]

Hi Divya,

Automatic programs (Trcd:F110) are sought of paying multiple payments for multiple vendors/customers ,with diffrent payment methods, With Automatic payment program you can generate payment proposals and you can send payment advices for bank transfers, Next payment date run is when the next payment run should be made, Yo can how ever schedule the next payment run in Maintain schedule program Trcd:SCMA

Hope this helps

Pl assign points if helpful

Regards

Imran Mirza

[Former Member]

Payment program is very usefull as it can handle multiple company code, multiple vendors and customers and pay them in one go. It can also net of the credit memos of a vendor against its invoices and does everything on its own. Hence it is a really usefull program.

regards,

pranav.

[Former Member]

If there are any due items within that date or on that date based on your payment terms the system will pick those documents(open invoices) and process the payments.

Thanks,

Praveen