What is meant by payment advice, in terms of automatic payment program? Is th

What is meant by payment advice, in terms of automatic
payment program?
Is the payment advice sent to the vendor or the bank.

If any of guys can give me brief description as to what is
the signifance of payemnt advice in APP, It would be of
great help

Question Posted / sagar_hm

4 Answers
38470 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What is meant by payment advice, in terms of automatic payment program? Is the payment advice sen..

Answer / vivek

Payment Advice is the document which is sent to vendor
memntionng about the details of clearing document such as
amount date etc. it is sent via e-mail

Is This Answer Correct ?

19 Yes

2 No

What is meant by payment advice, in terms of automatic payment program? Is the payment advice sen..

Answer / imran m

Payment Advice is nothing but a note, sent to customer or
recieve from vendors containig the deails of the clearing
the whole balance,partially and date of invoice etc.
The payment adivce is sent to vendor not to the bank.

Is This Answer Correct ?

10 Yes

6 No

What is meant by payment advice, in terms of automatic payment program? Is the payment advice sen..

Answer / sowmya balaji

payment advice note is automatically created in APP which is Run in F110 it contains the information about Invoice number,details of terms of payment and cheque number etc.,
this is sent to the vendor directly.

Is This Answer Correct ?

4 Yes

0 No

What is meant by payment advice, in terms of automatic payment program? Is the payment advice sen..

Answer / sowmya balaji

you can get full information regarding your question please go through the below link.

http://help.sap.com/saphelp_globext607_10/helpdata/en/01/a9bb53455711d182b40000e829fbfe/content.htm?frameset=/en/01/a9bbef455711d182b40000e829fbfe/frameset.htm

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

Name three ways of posting acquisition cost to a fixed asset master?

0 Answers

Explain posting of costs to cost centers? : co- cost center accounting

0 Answers

what is matrix preparation authorization. and how it is related to PMRD. What is PMRD

0 Answers TCS,

We use statistical internal orders to have more detail on the cost center for tracking activities in a vineyard. Example would be different operational cost centers buy supplies for pruning, fertilizing, planting, frost control, etc so we have internal orders to add to cost center and gl acct. GL acct is type of expense, labor, supplies, equipment etc. How can I get my internal orders at my cost centers to display both actual and plan in my report. the flext table does not store both cost objects so it will not work.....

0 Answers Delicato Family Vineyards, IBM,

Difference between depreciation ,accumulated depreciation and apc? What is apc?

0 Answers

Any one can help me abot any tickets in suport project in GL, AR, AP Please send me any issues on that with answer

0 Answers IBM,

Can both account based and costing based profitability analysis be configured at the same time? : co-pa

0 Answers

what is preparation of GAP analyiss document? how to prepare ?

2 Answers CTS,

Where does TDS codes maintain and which fields are updated for TDS calculation for invoice/Advance

0 Answers

What is an account currency?

0 Answers

what is the Ageing analysis?what is the purpose?

11 Answers HGB, Honda,

Q.Can we make a provision for TDS on year end march 31,If yes what is the process?

2 Answers iGate, Wipro,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here