Answer / naimathulla

Ans:-
The Configuration of payment program is where you tell sap
how to process payment transaction in the system.

The Advantage of APP is the system will verify the
...Due dates,
...It will issue cheques,
...It will pass and entry,
...Clear party account,
...It will issue payment advise,
...and update cheque register automatically.
in this case your cheque lots should be sequential.
This program is used by the cash rich companies.
**SAP allows both vendor and customer line item to be paid
through the payment program. The ability to pay customer
comes in handy when used in conjunction with some of sap
other standard functionality such as SD rebates.

Answer / nagajuna reddy

Adding to the above said,i can say that in APP we can
restrict as 2 how many transactions we can make payment
during the Payment Run.We can also specify the next payment
run and the date of payment.

friends what is the cost object? what is the defference between cost object and cost center?

7 Answers  

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Hi! I need to change the fiscal year variant from V9 (Oct-Sept) to K4 (Jan - Dec). I understand creating a short period for fiscal year variant K4 this could be solved, but the problem is that my Controlling Area, assigned to several company codes (which should keep V9 fiscal year) variant, has fiscal year variant V9 as well. I wonder if is there any way to have a company code with fiscal year K4 and assign it to a Controlling Area with different fiscal year variant, is there any alternative fiscal year variant? Or what do you suggest? Thanks!

1 Answers   Zen Cybertech,

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Hi Suppose i(FICO Guys) have created a PO later the Customers told some Corrections.So now my Question is weather i can make the required changes in the same PO(Customer wants in the same PO not a NEW ONE).So how is it possible in the same PO number.without changing the PO Number.

2 Answers  

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What all taxes comes under CIN ?. Do all taxes - Excise, WHT, Service tax, Sales Tax, VAT comes under CIN?

1 Answers  

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What is the purpose of payment methods and when are they stored?

0 Answers  

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what is month end activities pls explain briefly

7 Answers   Patni,

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What are the different role of SAP FICO consultant during the different implementation phases of ASAP Road map. and what are the tool and documents he is using ?

0 Answers   Infosys, TCS,

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is it possible to create group chart of accounts with the help of different different operational chart of accounts?

1 Answers  

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What is sub ledger? How is it linked to GL?

9 Answers  

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What do you mean by Procurement to Cash & Order to Cash?

2 Answers   Accenture, Wipro,

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What is SAP standard organisation structure?

7 Answers   EDS, SAP Labs,

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How many retained earnings a/c can be defined?

0 Answers  

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