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ACCOUNTS PAYABLE- APP

Former Member
0 Kudos
69

HI ALL,

Why is it necessary to "<b>Set Up Payment Methods per Country for Payment Transactions</b>", why can't this be directly created in Company code? Why SAP has provided this functionality (Payment method per country)?

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

SAP is a ERP product which is intended to be used globally (already being used globally). A multinational organization may have operations in all the continents and it has to adhere to the local laws.

Keeping the above in mind, SAP configuration is set up in such a manner that unless a payment method is defined at country level it cannot be used at Company Code level.

Payment method Check - C may be used in several countries. But to use / configure for a specific company code - it has to be defined at higher level.

Thanks

Murali.

Answers (1)

Answers (1)

sridevi_p
Active Contributor
0 Kudos

Hi,

Payment methods per country is available -

1. Some payment methods are applicable only for a specific country. For e.g swiz uses numerous payment terms, which other countried does not use

2. Payment Currencies - Tells about the currencies that can be used for the payment method. Again, usage of currency is not company specific and is applicable to the country as a whole.

Regards,

Sridevi

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