Category Archives: Accounts Payable

SAP S/4 HANA 1709 – Part IV – Custom Business Transaction Types
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SAP S/4 HANA 1709 – Part IV – Custom Business Transaction Types

SAP S/4 HANA 1709 – Part IV – Custom Business Transaction Types Further to our previous post, we would like to let you know about a new feature introduced in 1709. In the new release of SAP S/4HANA 1709 a new feature is introduced by SAP which is intended to help improve financial reporting. The […]

Bank to Bank Transfer – Part II
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Bank to Bank Transfer – Part II

Standard Process for Bank to Bank Transfer – Part II In previous post we have seen what configuration/Repetitive Code is required to perform Bank to Bank Transfer. In this part we will see how the transfer is actually performed. Performing actual Transfer Creating Payment Request Transaction Code: FRFT_B SAP Menu => Accounting => Financial Accounting  => Banks => Outgoings  […]

Field Status in Master Data
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Field Status in Master Data

The term field status appears in many configurations. In case of Accounts payable it works for the vendor master data. When we speak about field status in accounts payable we have to first understand what it means. Definition Field status in SAP parlance is a term which is used to control what fields would be […]

Payment Terms
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Payment Terms

Payment term is a part of accounts payable component that helps you keep track of your payable amounts more effectively. They play a vital role in identifying the exact payable amounts as on a particular date Background Any business operates as you very well know on revenue. But procuring the material to sell is equally […]