Automatic Payments APP

SAP FI moudule we used automatic payment program.
APP we can used different payment methods such as check,transfers in printing a check or a electronic form
Account payable payment process
Create a financial accounting document to record the transaction it determines the following
Open items to be paid
when open items will be paid
bank from which payment will be made
payment medium to be used
to whom the payment will be made
Some tcode we used in automatic payment program
maintain paymet programm tcode-fbzp
setup all company code tcode-obvu
payment method country tcode-obvcu
define house bank tcode-fi12



Automatic payment configuration steps
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step 1
All company code:

a)inter company payment relationships
b) company code that process the payment
c)cash discount amount or percentage
d)tolerance days for payments

step -2
Paying company code
a)Minimum amount for incoming and outgoing payment
b)bills of exchange specification
c)Forms for payment advice EDI (payment advice format)

step-3
Payment methods/Country
a)payment methods eg. check bank transfer,bills of exchange
b)master record requirements address etc.
c)document type for posting
d) currencies if not set valid for all currencies

step -4
Payment method company code
a)Minimum and maximum payment amount
b)forign payment and foreign currencies allowed
d) postal code optimization
step -5
Bank selection
a)ranking if define the order of the various bank for payments
b)Amount- if define the available amount in bank account for payment
c)accounts
d) expenses/charges if any charges or amount short received the system post the amount in clearing account in case of outgoing payment and subtracts from incoming payment in case of payment received.
e)value date this is used for cash management if specify in how many days.
step 6
Maintain parameters (running payment program)
a)run date
b)identification
c)open item selection it defines that documents entered up to this date include in payment run
d)posting date this is the date on which general ledger is updated this is the default date from run date
e)company code selection maybe one company code or multiple company code in case of multiple company code,comma should be used between two company codes

Proposal Run
On the basis of parameters system run the proposal and if it found any incorrect in payment methods,bank data, payment block it adds these item exception list
On completion of proposal run system create two reports payment proposal list and exception list
Payment Block may configure in following ways
a) While invoice verification process
b)In Master records
c) During entering of account payable invoice

Editing Payment proposal
While editing the payment proposal a user can change the payment terms,
block of payment or remove the block
Start payment run
In this step we locked all the selected items for payment proposal for further posting updated the gl accounts and sub ledger accounts and clear open item.

Debit balance check if debit balance check carry out then transaction in exception list

I hope you will learn app
Syed Muzaffar