Explain about APP in FICO module ?
- 2 Answers
- 9921 Views
- Satyam, Tech Mahindra, I also Faced
- E-Mail Answers
Answer Posted / naimathulla
Ans:-
The Configuration of payment program is where you tell sap
how to process payment transaction in the system.
The Advantage of APP is the system will verify the
...Due dates,
...It will issue cheques,
...It will pass and entry,
...Clear party account,
...It will issue payment advise,
...and update cheque register automatically.
in this case your cheque lots should be sequential.
This program is used by the cash rich companies.
**SAP allows both vendor and customer line item to be paid
through the payment program. The ability to pay customer
comes in handy when used in conjunction with some of sap
other standard functionality such as SD rebates.
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
What is the use of account payable in fi? How it is related to g/l?
How do you got about defining co-product functionality in repetitive manufacturing?
What is account based profitability analysis? : cost center accounting
if New plant is arrived what are the pre checks we will perform from Controlling end?
Why asset classes are important in sap?
what is the configuration steps of cash flow statement?
What is our role in production support and post implementation support as a fico consultant?
What is a year dependent and independent fiscal year variant?
What are substitutions and validations? What is the precedent?
Explain plan layout? : co- cost center accounting
Name three ways of posting acquisition cost to a fixed asset master?
Dear experts can you please explain to me whether a vendor/customer master data have 2 different terms of payment in the company code segment and the purchasing organization/sales area segment simultaneously??
I had posted a down payment to a vendor. In addition to that i had posted the invoice to the same vendor.When i run the F110 to make the payment, I want the functionality to adjust the down payment with the invoice & to pay the balance amount. I don't want to do the down payment clearing manually in F- 54. the down payment should be done in the F110 itslef. Is it possible?. If yes what is the configuration related to this.
what happens, in sap, when you post a goods receipt? : fi- accounts payable
Will a customer get support when recompiling the linux kernel or using 3rd-party software that modifies it?
