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Creating the urgent payments in SAP Business ByDesign

Dec 11, 2017 at 11:30 AM

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Dear Experts,

TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. TARGET stands for Trans-European Automated Real-time Gross settlement Express Transfer system (https://www.ecb.europa.eu/paym/t2/html/index.en.html). For creating urgent payments EU-countries use the TARGET 2 format besides the SEPA format. Could you please let us know the availability of SAP Business ByDesign to create such files by the accounting team.

Thanks,

Sujeet Kumar

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Former Member, can you please check it?

Thanks,

Eda

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1 Answer

Cryssal Merna Pereira
Dec 29, 2017 at 03:24 PM
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The urgent supplier payments with SEPA Credit Transfers can be achieved in ByDesign by two ways.

1. Setting the flag Execute immediately during the payment creation.

2. From the customer account monitor, set the flag "Immediate Execution for SEPA".

Please validate this by creating urgent payments in your system using these flags and also verify this with your bank if your bank’s are able to process these payments as urgent payments.

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