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Payment Advice Note


In APP what is the importance of Payment Advice note . How it will be use for us. Where we can maintain the the payment advice note configuration.

What is the process of payment advice note.



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  • author's profile photo Former Member
    Former Member
    Posted on Sep 19, 2007 at 11:09 AM

    hi Ram,

    Payment Advice Notes

    This topic describes the functions provided by the system for the processing of payment advice


    A payment advice note contains the incoming payment details required for assigning and clearing

    the relevant open item. Payment advice note headers contain the payment amount, payment

    date, and other information about the payment. The advice items contain information on the paid

    items; the amount, difference reason codes. They also contain information used for identification

    purposes such as document number, reference number, billing document number, customer

    reference number, and so on.

    A payment advice note can be created in several ways in the SAP System.

    You can enter handwritten advice notes manually.

    When processing bank statements, check deposit lists, or lockbox data, you can have the

    system create a payment advice note with the detail information automatically. This may be

    necessary if the program cannot clear open items immediately due to differences.

    When manually processing open items for incoming payments, you can create an advice

    note to record the current processing status of the items.

    Payment advice notes can be imported into the system using EDI.

    Payment advice notes are used during payment clearing to search for and assign open items automatically. Instead of having to enter selection criteria and then process the open items, all you have to do is specify the payment advice note number. The system uses the payment advice note to propose items for clearing, including any necessary difference postings and payments on account.

    Please check out the links below. Have a look at them and let me know if you it helped. And do award points if found satisfactory

    Hope this helps.

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