Hierarchy
EA-FIN (Software Component) EA-FIN⤷
RE-FX-RA (Application Component) Rental Accounting⤷
RE_RA_CA (Package) RE: Cross Application Rental Accounting
Basic Data
| Data Element | RERAPYMTMETH |
| Short Description | Payment Method |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | CHAR4 | |
| Data Type | CHAR | Character String |
| Length | 4 | |
| Decimal Places | 0 | |
| Output Length | 4 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | PYMT_METH | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Pmt Method |
| Medium | 15 | Payment Method |
| Long | 20 | Payment Method |
| Heading | 5 | PMeth |
Documentation
Definition
The payment method determines how payments are to be made, e.g. by check, bank transfer or bill of exchange.
Use
Payment methods are entered in the master records of customers and vendors in order to specify how payments are made. If an open item is to be paid using a specific payment method, enter it in the open item. The terms which have been defined for the payment method must be satisfied for the payment.
Procedure
Payment methods are to be defined in the Financial Accounting configuration menu, where the following steps are to be carried out:
- First of all, make all specifications that are required for a country-specific payment method.
- Then define per company code the terms under which a payment method can be used.
All payment methods are displayed in the customer or vendor master record in the screen for selecting the payment method. Here you select the required payment method by marking it; the system transfers the payment methods to the customer/vendor master record.
History
| Last changed by/on | SAP | 20020520 |
| SAP Release Created in | 110 |
