Enterprise Resource Planning Blogs by Members
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agalal1
Active Participant

It's very important to always pay the vendor invoices on due date,



This improves the companies chances in getting good deals, keeping a good reputation and getting more discounts and better payment terms

Companies usually have a lot of vendors,



and every vendor has different payment details (bank account details, payment method, payment terms, ...etc)

Keeping track of all the vendors' details, open invoices, and due dates can be very challenging

 

The Payment Program in SAP ERP (F110):



  • Helps accountants easily keep track of what invoices must be paid, how the invoices will be paid and the bank accounts included


  • Can send payment notices to vendors: informing them that payments have been processed


  • Can communicate directly with the company's bank account: and execute the bank transfers (after getting needed approvals)


  • Can communicate with a printer: and print the payment cheques automatically


  • It's a very flexible program that can easily be adjusted to do many other functions


 

In the video below I explain the functions of the payment program, along with a live demonestration on SAP S4HANA System

https://www.youtube.com/watch?v=PJ2cAPBxITI

 

Don't forget to leave me your comments and questions, and join my network on LinkedIn for more content.

 

Thank you for watching and reading, see you in the next blog.

 

Best regards,

Abdullah Galal
12 Comments
former_member524558
Discoverer
Good Presentation....

Regards

Ashfaq Attar
Nice demo!
Too Good and clear documentation.
Very well explained !!!
agalal1
Active Participant
0 Kudos
Thank you for your comment
agalal1
Active Participant
0 Kudos

Thank you

agalal1
Active Participant
0 Kudos
Thank you!
agalal1
Active Participant
0 Kudos
Thank you!
Former Member
0 Kudos
Hi Abdullah,

 

How is this S4 and not ECC (or R3)?

 

thx, greg
agalal1
Active Participant
Hi Greg,

It's the same in ECC and S4Hana

Best regards,

Abdullah Galal
i345983
Advisor
Advisor
0 Kudos

Hi All,

Refer to below blog for end to end Automatic Payment Run (F110) with Fiori Apps from S/4 HANA1809

https://blogs.sap.com/2020/01/31/sap-s-4-hana-manage-automatic-payments-app-id-f0770-printout-data-m...

Hope you like the blog and don’t forget to leave me your valuable comments.

Thanks & Regards,

Mukesh Sharma

 

tmilillo
Discoverer
0 Kudos
Hello, Is there a way to combine payments to suppliers if the invoices are in different companies with a pay on behalf of situation (all invoices are paid out of company 1001)?  For example, company 1000 has 1 credit invoice for $500 and company 1001 has invoices for $2,000.  Net total owed to supplier is $1,500.  When we run payments, only company 1001 will trigger payment due to debit balance on company 1000.

Thanks!
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