Configuration of SAP Special G/L Transactions

  Special G/L transactions are special transactions in accounts receivable and accounts payable that are recorded in the General Ledger in alternative reconciliation accounts instead of the normal Vendor/Customer reconciliation accounts. We usually make use of Special G/L Transactions to take care of business process requirements of down payments, retentions, guarantees etc. In this post […]

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Automatic Payment Process- Setting up Bank Determination for payment Transactions

  The payment method configuration, and for that matter the SAP Automatic Payment configuration cannot be said to be completed until you are able to pay with the payment method you configured. You cannot pay with a payment method unless you assign it to a House Bank and a House Bank Account. As a continuation […]

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SAP Automatic Payment Program- Configuring the Payment methods in Company Code

  Just as you cannot use a payment method in a country without the “payment method in country” settings, you cannot also use a payment method in your company code without the “payment methods in company code” settings in place. In this post we will discuss the “payment methods in company code” settings as a […]

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SAP Automatic Payment Program- Configuring the Payment methods in Country

A payment method is a means used in SAP to make payments to Vendors or in some cases Customers, for liabilities owed to them. It is represented in the system by a one character alpha-numeric key. Payment method configuration will be discussed in three series. In this post we will discuss the steps involved in […]

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Including a Debit item on a Vendor during Automatic Payment Program execution

I am sharing this article that I authored, it is published in Eursap.eu Debit items can be posted on a vendor by creating a down payment or posting a credit memo on the vendor. For the purpose of our demonstration we assume that the debit item is created by a down payment. The down payment […]

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