SAP ERP Financials and FICO Handbook

7.6 AUTOMATIC PAYMENT PROGRAM 275
Rev. recognition: Here you specify the revenue recognition category. There
are four types of revenue recognition categories: (1) No value, (2) A, (3) B, and
(4) D. This designates how you are going to determine your revenue.
Acc. period start: This indicator determines the start date of revenue
recognition.
2. Maintain Account Determination: In this IMG step, you will assign various
G/L accounts to which transactions will be posted.
Determine the revenue account: The revenue account is maintained in the first
column. This is configured through transaction code VKOA.
Assign account for unbilled receivables: In this step, you will assign G/L
accounts for the deferred revenue account (special G/L account) and the
unbilled receivable account.
After configuration, the SD user will post the customer invoice for the full
amount in the SD module. Once you run transaction code VF44, the system will
list the transactions that need to be considered as revenue for the said period.
7.6 AUTOMATIC PAYMENT PROGRAM
Through an automatic payment program, you can pay both vendors and
customers to whom you owe money. The transaction code for the configuration
of an automatic payment program is FBZP. To execute the program, you would
use transaction code F110. There are five steps to configure an automatic
payment program:
1. All Company Code: Enter the sending and paying company codes, outgoing
payment with cash discount from. In this step, you will define the sending
and paying company code relation.
2. Paying Company Code : Enter the minimum amount of the incoming and
outgoing payments and the form for the payment advice.
3. Country Payment Methods: Select Check will be created, Allowed for
personal payments, Street, P.O. box or No. (bank details for wire transfer),
or RFFOUS_C (RFFOUS_T for wire transfer) as the print (payment)
program.
4. Company Code Payment Methods: Enter minimum and maximum
amounts and the form for payment transfer. The payment per due day,
optimized by bank group or postal code, can also be selected.