Question - Explain the standard stages of the SAP Payment Run?
Answer -
The standard stages of SAP on SAP Payment Run execution will include:
- Entering of parameters: It will include entering company codes, methods of payments, vendor accounts, etc.
- Proposal Scheduling: The system offers a list of invoices to be paid
- Payment booking: It includes booking of the actual payment into the ledger
- Printing of Payment forms: It includes payment forms printing.