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author's profile photo Former Member
Former Member

Payment type: PP, ACH, COS in SAP ?

Dear all,

I'm creating DMEE format tree for three payment types: PP (Priority Payment), ACH (Automatic Clearing House) and

COS (Cheque Outsourcing Services).

I'm wondering in SAP how can I know which payment is PP, ACH, or COS.

Or when we enter a vendor's invoice, is there any "type" or "indicator" that tell me this kind of invoice will be paid

in PP, ACH or COS.

I have no background on these types of payment so please explain for me.

Best regards.

Maxielight.

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    author's profile photo Former Member
    Former Member
    Posted on Jul 07, 2010 at 07:42 AM

    Hi,

    In FBZP, you have to create different payment methods for each of the type you had mentioned. You can mention the payment method in the vendor master so that while posting a document, it flows to the document from the master. You can also manually input the payment method during/after posting the document.

    Regards,

    Mike

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    • Former Member Former Member

      Thank you so much, Vishal Pant. Your answer are very clear and detail about configuring

      payment method for foreign vendor.

      Do you have any idea about these payment methods, PP, ACH, COS?

      What i saw in Automated Clearing House form is that, one first party can go with several

      second parties in one payment. How is that possible? Is there any way for me to enter a

      vendor's invoice of many vendors?

      Best regards.

      Maxielight.

  • author's profile photo Former Member
    Former Member
    Posted on Jul 07, 2010 at 07:22 AM

    HI,

    Based on Payment methods.

    Regards,

    Azeem

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