The objective of this blog post is to explain the approval for payment reversal functionality in SAP Business ByDesign.
An approval process is triggered when there is a need to reverse an approved payment. In case such an approved payment is reversed an approval task gets generated. This functionality helps to comply with the dual control mechanism in the system.
Setting in Business Configuration > Scope
The approval for payment reversal can be activated and deactivated in the solution scope at any time.
A payment with status “Ready for Transfer” can be reversed in the Payment Monitor view either in the Liquidity Management or Payment Management work center. When the Reverse action is executed the status of the payment changes to “Cancellation in Approval”.
An approval task is generated and can be processed in the Managing My Area work center by the responsible person.
The approval task can be withdrawn for an automatically generated payment which has been reversed.
This short introduction of approval for payment reversal functionality shall help you to start using the new capabilities in SAP Business ByDesign.
An approval process is triggered when there is a need to reverse an approved payment. In case such an approved payment is reversed an approval task gets generated. This functionality helps to comply with the dual control mechanism in the system.
Setting in Business Configuration > Scope
The approval for payment reversal can be activated and deactivated in the solution scope at any time.
A payment with status “Ready for Transfer” can be reversed in the Payment Monitor view either in the Liquidity Management or Payment Management work center. When the Reverse action is executed the status of the payment changes to “Cancellation in Approval”.
An approval task is generated and can be processed in the Managing My Area work center by the responsible person.
The approval task can be withdrawn for an automatically generated payment which has been reversed.
This short introduction of approval for payment reversal functionality shall help you to start using the new capabilities in SAP Business ByDesign.
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