how to use transaction F110 for Receivables
Answer / rsr
F110 can be used for incoming payments as well.It is not a
common practice across all businesses. This process is
called as ACH direct debit. In simple terms it is pulling
money directly from customer bank account.Required things;
1. A payment method for Incoming payments, Payment medium
program used for this payment method is RFFOEDI1
2. Banking information in customer master.
To explain it further:
1. Post invoice to customer
2. Run f110 to clear the invoice by inserting customer
number in the parameters tab
3. Payment program creates an IDOC with all requirement
information for the banks to process payments
4. if the bank accepts IDOC send idoc's to bank, if not
process data in EDI translator and send the file to bank in
aceptable format
5. Bank processes the payments and sends the clearing
transactions as a bank statement
6. When EBS is processed main bank account will be updated.
Is This Answer Correct ? | 5 Yes | 0 No |
WHAT ARE THE STEPS IN ASAP METHODOLOGY? PLZ GIVE ME ANSWER STEP BY STEP? WHAT ARE THE STEPS IN LAND SCAPE? PLZ GIVE ME ANSWER STEP BY STEP?
I have 3 co.code(india,uk,usa)& 4 products.so my question is how to maintain currency,chart of account,product
What if RFEBCK00? What are its advantages?
What is the cycle of automatic payment program?
In which server should we create purchase tax? whether it is in development server or production server? plz. give explanation.
What is chart of depreciation ? : fi- asset accounting
What are the steps involved before you run a cost estimate for a split valuated material?
can we assign any no.of group chart of accounts G/ls in operating COA? i mean operating COA and Group COA is 1:1?
What is asset class?
Overview of G/L account :- Dear, what type of G/L account use in SAP.How to see all type of G/L account in sap those are used in a organization.
what is the day to day work of SAP FICO Consultant. which are the documents,white papers he uses. who will assign him work and in what form, is it a flowchart,word document,power point presentation ?and also what is business blue print and how it is documented(word,flow chart),?? please answer my question
What is Organisatinal Unit of FI ?