How to apply different payment method for mutiple outgoing payment recipients in FS-CD

[Former Member]

Hi experts,

In FS-CD, insurance object(catg. commission contract), in the tab Collections/Disbursements:

there is a checkbox - "Mutiple Alt. Payment Recipients" in the outgoing payments section.

But there is only 1 payment method can be filled. our customer want to specify different payment method for each recipients, is there any way to do that?

currently we are thinking 2 ways, one is to find some place to enhance the Insurance object editing, the other way is to try to split the many recipients to different IO when doing settlement, this also needs to find some enhance place. what do you think ?

Thnaks,

Huai Zhi

[former_member185321]

Hi,

Multiple Alt. Payment Recipients check box is used for credit splitting and is utilized by mass activity transaction VAZE (SAPLFKKAKTIV2). Usually VAZE is executed before running payment programs to split credit item with Multiple Alternate Payment Recipients so that the clearing doc contains a BP item for each of the multiple recipients.

This is helpful while disbursing a single amount (say a claim amount) between multiple recipients. If this is what you want then you can activate this to fulfill customer requirement without making any enhancements at IO level.

In FSCD, at CA and IO level only 1 payment method can be filled as part of standard functionality but you can define several payment methods which can be selected (by bank / card/ draft / check etc) and this is utilized downstream during payment processing, processing refunds/ returns, reporting etc. So making any enhancements out here is not recommended. And SAP shall probably not support any requests pertaining to such customer enhancements in case of issues.

Splitting many recipients to different IO when doing settlement will impact mass processing programs in terms of performance in the long run and give rise to unnecessary maintenance of data. This is also not recommended.

Thanks

[Former Member]

Hi Sagar,

Thanks for your reply.

I am currently working on FS-ICM and not very familiar with FS-CD, so can you give me a little more information about the following questions?

I agree with you that the payment method should be determined in downstream level e.g. during payment processing.

So if I did the settlement from FS-ICM and get the IO, what're the next general steps should do to make the payment processing, reporting... etc. Can you tell me a little information about that so that I can continue to check if in these steps we can use different payment methods.

Thanks & Regards,

Harry

[Former Member]

Hi Harry,

Can you please explain your business scenario in detail..

For ICM, system picks up IO from Agent's Commission Contract ( mentioned in Settlement tab against settlement type ) and then posts the amount to IO during settlement run.

Are you looking for different payment methods for same agent account ?

Regards

Manas Dua

[Former Member]

Hi Manas,

Normally one agent have one account in the IO, and the amount is posted to the IO, but in some case, for example, the agent is deceased, and we need to pay the commission to the inheritors, e.g. 2 inheritors will share the commission with different percentage, so we consider the "Mutiple Alt. Payment Recipients" in the IO.

In that tab when we editing the IO, one payment method can be specified for all the recipients, but we want to specified the payment method for each recipients.

I also noticed that the payment method specified in IO master data level can be overridden in document level, but I am not familiar about FS-CD and want to know whether it can meet our requirements and how to do that.

[Former Member]

Hi Harry,

Look at Entitlement and Liability Transfer feature of ICM ( in case your amounts are still due in ICM )

and Account Balance Transfer feature of CD ( once amounts are settled to CD ).

Regards

Manas Dua

[former_member202808]

Hi Harry,

Probably you can consider Logical tool ( settlement CD ) with custom ( Z * or Y* ) function module getting triggered during settlement from ICM point of view.

Regards,

Ravi G.

[Former Member]

Different payment methods can be defined while making the payment using FPY1 transactions.