What is automatic payment programmer?

Answer Posted / kasula kiran

In Automatic payment program, system will define the due
date for bill based on the payment terms for the venders.
System will issue the check, pass entry and clear the party
account. System will generate the payment advice. It will
update the check register. Everything will be done
automatically.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference between a product cost collector and production order?

867


What are the benefits of using business areas in a company?

826


re: when i am posting insharecapitalpaid i received one message that is there is no item is assigned to this account (bankaccount)/company code

5332


Can one chart of accounts be assigned to several company codes?

783


At the time of creating GRN can I mention business area?

2192


How does the system calculate depreciation? : fi- asset accounting

855


What is an exchange rate type?

840


Is periodic reposting different from reposting? : co- cost center accounting

851


How many numbers of line items in one single entry you can have?

837


Explain the vendor master record and list various segments in them.

787


In sap how input and output taxes are taken care?

1036


Name the sub modules within fi, from which fi-gl gets simultaneous postings? : fi- general ledger

1005


What is a posting period and how does the system identifies posting period?

935


How do you manage relationship between two currencies in sap fi?

813


explain house bank flow without telling the configuration

1324