Automatic Payment Program
The name itself conveys the meaning. Vendors who supply raw materials are to be paid. APP is used to manage all the payments. We must do the necessary customization and set up the payment program run. The APP run displays list of payments, we can block payment for any invoice if necessary, we can edit the paying bank details.
APP searches open items of vendors and due items of customers automatically. It further processes the open items for payment and customer due items for receivable. The most important advantage of APP run is it makes payment in one go. It reduces the manual work load of end users.
APP Customization
1. Set Up Payment Methods Per Country for Payment Transactions
2. Set Up Payment Methods Per Company Code for Payment Transactions
3. Set Up All Company Codes for Payment Transactions
4. Set Up Paying Company Codes for Payment Transactions
5. Creation of Sequential Check lots
6. Assign Payment Method in Vendor Master
End User Area
1. Purchase Invoice Posting
2. Set Up Bank Determination
3. Automatic Payment Program Run
4. To take Check Printing
5. To view Check
6. Display Vendor Account
7. Display Check Register
The name itself conveys the meaning. Vendors who supply raw materials are to be paid. APP is used to manage all the payments. We must do the necessary customization and set up the payment program run. The APP run displays list of payments, we can block payment for any invoice if necessary, we can edit the paying bank details.
APP searches open items of vendors and due items of customers automatically. It further processes the open items for payment and customer due items for receivable. The most important advantage of APP run is it makes payment in one go. It reduces the manual work load of end users.
APP Customization
1. Set Up Payment Methods Per Country for Payment Transactions
2. Set Up Payment Methods Per Company Code for Payment Transactions
3. Set Up All Company Codes for Payment Transactions
4. Set Up Paying Company Codes for Payment Transactions
5. Creation of Sequential Check lots
6. Assign Payment Method in Vendor Master
End User Area
1. Purchase Invoice Posting
2. Set Up Bank Determination
3. Automatic Payment Program Run
4. To take Check Printing
5. To view Check
6. Display Vendor Account
7. Display Check Register