How to set up automatic payment program in SAP FI -FBZP

How to set up automatic payment program in SAP FI -FBZPAutomatic payment program calculates which line items are due for payment and then process the payment based on various method defined in your automatic payment program configuration. followings are the steps in creation of automatic payment program (fbzp)

Automatic Payment Program is configured with following steps;

  1. Setting up all company codes for payment transactions

You can set this with transaction code FBZP or through following path;

SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Automatic Outgoing Payments > Payment Method/Bank Selection for payment program > Set all company codes for payment transactions  

  1. Set up Paying company codes for payment transactions

You use either transaction code FBZP or the below path;

SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Automatic Outgoing Payments > Payment Method/Bank Selection for payment program > Set up Paying company codes for payment transactions

  1. Set up Payment methods per country for payment transactions

Use transaction code FBZP or following path;

SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Automatic Outgoing Payments > Payment Method/Bank Selection for payment program > Set up Payment methods per country for payment transactions

  1. Set up payment methods per company code for payment transactions

You can use transaction code FBZP or below path;

SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Automatic Outgoing Payments > Payment Method/Bank Selection for payment program > Set up payment methods per company code for payment transactions

  1. Set up bank determination for payment transactions

Transaction code FBZP can be use or below path;

SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Automatic Outgoing Payments > Payment Method/Bank Selection for payment program > Set up bank determination for payment transactions

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