The SAP Accounts Payable (AP) or Procure to Pay (PTP) Process involves purchasing of goods / materials or services from a vendor for the company. Keywords: Accounts Payable (AP)Procure to Pay (PTP)Purchasing of Materials / ServicesVendor SAP Flow and Transaction Codes 1Request for Quotation (RFQ)ME412QuotationME473*Open Contract / Outline Agreement (OA)ME31K4*Scheduling AgreementME31L5Purchase Requisition (PR)ME51N6Purchase Order (PO)ME21N7*Goods [...]
Electronic Bank Statement Think of Electronic Bank Statements (EBS) as documents that are sent by the bank from one system to another. These documents contain the bank transaction details of the indicated account holder. How does it relate to SAP? In a corporate and accounting perspective, companies need to record and keep track of all [...]
Interpretation Algorithm can be found in OT83 or in the “Assign External Transaction Types to Posting Rules” configuration. Interpretation Algorithm is assigned to an External Transaction under a specific Trans. Type. What is the Use or Importance of Interpretation Algorithms in SAP? Interpretation Algorithm = Clearing Logic You can think of Interpretation Algorithm as a [...]
Learn about SAP Electronic Bank Statements specific to Belgium (CODA to Multicash Program), Configuration, and Analysis proper with the guide below.
Learn how to interpret .cod or CODA files in relation to SAP Electronic Banking with the step by step demonstration below.