individual payment in vendor master

[Former Member]

hi,

if this is NOT ticked, what is the implication during F110?

i read FI but not quite clear.

thanks

rgds

[Former Member · Accepted solution]

Hi,

If this is not selected, one payment document is created for multiple invoices/open items which has the same company code/house bank/ payment method (as per the grouping done in OBPM3. If the option is selected then every open item will be paid separately.

Hope this clarifies.

Thanks and Regards,

Anit

[Former Member]

Hi,

If you tick this, then each invoice is paid by a seperate cheque which that many line item shall be posted for payment whereas, if you do not tick this checkbox, then system shall pay a single cheque i.e. a single line item shall be posted for payment.

Regards

K Khatri

[Former Member]

Hi,

If this indicator is set, every vendor open item is paid separately during automatic payment transactions. This means that open items are not grouped together for payment. It it is not, as you have asked, all the open items payable are grouped together.

Regards,

Sadashivan

[Former Member]

Hi,

A tick on this would mean all the open items for a particular vendor are paid individually.

For eg, if you have 10 open items,

- If this is ticked, you will have 10 payment documents and 10 cheques

- If this is not ticked, you will have one payment document and one cheque for all open items.

The second option is advisable always.

Caio

Raghu