Blogs tagged dme
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EFT payments are common payment methods for any company. EFT stands for Electronic Fund Transfer. These are commonly used for domestic payments. EFT files are generated by executing the Automatic Payment Program. These files are generated as .dat or... Read More »10Comments13Likes -
Payment files are generated using Automatic Payment Programs. These files are then encrypted and transferred to the bank. ESB picks up these payment files from SAP folder and shares the same with the bank through MIM job. Bank reads the payment... Read More »2Comments6Likes -
Gustavo Vazquez posted on September 9, 2016Document Description This is a document with tips for PMW file format configuration (DME). If you are looking for PMW Configuration, please take a look at DMEE Configuration:Step By Step Part 1 sapnote 1788223 – Attachments –... Read More »1Comment15Likes -
Hi all, If there are special characters, as #, or unwanted spaces in the file generated by F110, probably there is something wrong with the code page for the format used. In this case, you may follow the steps below to solve this kind of... Read More »0Comments1Like -
Former Member posted on April 8, 2015Welcome back! In our first two posts for this series, we outlined the history of Same-Day ACH, as well as the potential impacts on financial institutions. In this week’s post, we will cover the first two practical steps necessary to set up... Read More »0Comments0Likes -
Former Member posted on February 25, 2015When you send your ACH payments, what level of detail do you receive back in order to perform bank statement clearing? Some banks are able to provide line item details back to clear individual payment documents, while other banks only provide back... Read More »1Comment1Like -
Former Member posted on January 19, 2015The overall number of checks issued in the United States continues to decline year over year. Despite the declines, the practical reality in the US is that many companies must still print checks. Given the realities, what are your best... Read More »3Comments5Likes -
Our first customer to try and pay their employees with the standard DME process after applying the September support package was up for an unpleasant surprise. Not only did they run into an error blocking all paymens, but the error message was also... Read More »0Comments1Like -
Vinod Vemuru posted on April 9, 2014Assumption: Reader is aware of basic “Automatic Payment Process” concepts. Most of us are familiar with online banking transactions. There would be thousands of bank transactions happening 24/7. Did you ever think, how does payment... Read More »50Comments36Likes