The majority of invoices of Bike Company are paid using the automatic payment functionality of S/4HANA. Hence, it is capital for Jennifer to understand how to process automatic payments, starting with a proposal that could be amended by the users before posting the related payment journal entries and generating the payment files. Finally, she should be able to browse the system to relate the suppliers' payments to their invoices and analyze their impact on the open items.
The following section describes the meaning of the individual parameters for the automatic payment program:
Run Date: Specifies when the payment program is executed.
Identification: Identifies the payment program, which is always uniquely identifiable in the system.
Posting Date: Specifies the item on which a payment item was posted to the account in posting-date-based perspective.
Docs. Entered Up To: Specifies the date up to which documents are included in a payment proposal. The date here refers to the document entry date, not the posting date.
Customer Items Due By: The date by which an open customer item must be due in order to be included in the payment run.
Exchange Rate Type: Translates payment amounts from foreign currency to local currency.
Additional Log: Specifies whether an additional log is to be created for the jobs running in the background.
Company Code: Specifies which company codes are to be included in the payment program.
Next Payment Date: Specifies the posting date of the next payment run.
Payment Method: Specifies which payment methods, such as SEPA bank transfer or check, are to be included in the payment program.
Supplier: Specifies an alphanumeric key that uniquely identifies the supplier.
Customer: Specifies an alphanumeric key that uniquely identifies the customer.
Free Selection: Specifies the value for the field for additional selection conditions.
Select the play button of the video to learn how to create a new payment run by setting it's parameters in SAP S/4HANA.
Now that we’ve covered the theoretical part of the parameters of SAP Automatic Payment Run, we believe that practical application makes the theory clearer. So, to cement your understanding and to give you a more detailed, hands-on perspective, we will now transition into our screencast video. This video will walk you through the process in real time, showing you exactly what actions to take within the system. By seeing the automatic payment run parameters in action, you'll be better equipped to apply the theoretical knowledge you've learned. Now, without further ado, let's dive into the application part of SAP Automatic Payment Run parameters.
Select the play button of the video to learn how to schedule a payment proposal and how to process the payment proposal using the Revise Payment Proposals app in the SAP S/4HANA Cloud, public edition.
We hope you found our theoretical explanation of the SAP Automatic Payment Run proposal with exception handling insightful and illuminating. However, we understand that the theory forms the basis and its true essence comes to life when put into practice. With that in mind, we will now transition into our screencast video, where we'll demonstrate the actual workings of this process along with handling exceptions you may encounter. This will give you a hands-on, detailed perspective, allowing you to gain real world awareness beyond theory. Please pay close attention to this next section, as it's crucial to being able to efficiently handle SAP Automatic Payment Run proposals with exception handling within the SAP environment. Let's proceed to the practical part!