SAP ABAP IMG Activity SIMG_PSFMG_V_FM023U (Create Penalty Interest Reason Codes)
Hierarchy
☛EA-PS (Software Component) SAP Enterprise Extension Public Services ⤷PSM-FM (Application Component) Funds Management ⤷FMFG_E (Package) US Federal Government budgetary ledger account derivation
Hypertext: Object Class - Class to which a document belongs.
Document Name
SIMG_PSFMG_V_FM023U
This step allows you to create penalty interest reason codes. You can assign these reason codes to invoices paid late which are subject to the Prompt Payment Act. You perform this assignment after the invoice has been paid.
Standard settings
SAP does not provide any standard settings.
Activities
Create the required penalty interest reason codes.