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An Overview of the Payment Process in SAP S/4 HANA

This article is focused on an overview of the Payment Process. In other words, here is a table of transactions that will help you during customizing settings and the second table that is describing the Payment Process from processing view. In case the phrases No settings are used, it means that these transactions are optional to customized. You can skip this prerequisite or use SAP delivered functionality.

Customizing prerequisites

Related links

DMEEX Extended Data Medium Exchange Engine

  • Customized setting or modifications
  • No settings – SAP delivered Format Mapping
SAP S/4HANA 1809 – DMEEX
OBPM1 SAP delivered Payment Medium Formats

  • Customized setting or modifications
  • No settings – SAP delivered Payment Medium Format
Create, Copy & Delete Payment Medium Format
SAP S/4HANA
OBPM2 Maintenance of Note to Payee

  • A new creation of Note to Payee
  • No settings – SAP delivered Note to Payee
  • No settings – Note to Payee is not defined

 

Note to payee functionality
part 1

Note to payee functionality
part 2

OBPM3 Payment Medium Formats (Customer)

  • Creation of Payment Parameters and Event Modules
  • No settings – Parameters and Event Modules are not defined
OBPM4 Payment Medium Selection Variants

  • The customized settings for generating a Payment File from Payment Run in F110 where new selection variants need to be defined
  • No settings – generate a Payment File from FBPM
Selection Variants
FBZP Maintain Payment Program Configuration

  • Mandatory to link Payment Medium Format to
    Payment Method

    • Payment Methods in country
    • Payment Methods in company code
    • Bank determination

Payment Process

1A  Your company purchases some goods or services and you receive the invoice from your vendor. Enter and post your vendor/supplier invoices in, for example, the F-43 or FB60 transaction.

1B Your company sells some goods or services to your customers and you create the invoices for them in, for example, the F-22 or FB70 transaction and post them.

2 Generate a payment run using the F110 Automatic Payment Transactions.
3 Generate Payment File – you can do so in two ways

  • From Payment Run F110 transaction (note that in this case, you need to make a customizing setting in the OBPM4 transaction)
  • From the transaction FBPM (in this case, no settings are needed in the OBPM4 transaction)
4 Download the Payment File in the relevant format and submit it to your bank

 

See a list of SAP-delivered Payment Formats in the Documentation App.

Read more about Payment Medium Formats and tools associated with them here.

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