Contract Accounting - Company Initiated Payments (2DP)

Contract Accounting - Company Initiated Payments (2DP)

This scope item allows you to start the collect payment procedure from company perspective. Using different methods, the company can receive the customer’s payment and perform further processing.

Key Process Steps Covered

  • Create SEPA mandate
  • Create SEPA direct debit
  • Create SEPA credit transfer
  • Create return lots with or without bank statement
  • Clarify lot

Benefits

  • Clear credit notes automatically in the payment run
  • Process return transactions provided in an electronic bank account statement to reverse failed payments

Where is Contract Accounting - Company Initiated Payments(2DP) being used?

This Scope item is used in the following way:

  • As a core function of Subscription Billing and Revenue Management within Finance Scope Item Group

Process flow of Contract Accounting - Company Initiated Payments (2DP)

Find below the process flow of the scope item Contract Accounting - Company Initiated Payments as it is defined for release s4h-2021.


Download Process Flow of Best Practice scenario Contract Accounting - Company Initiated Payments (2DP) - S/4HANA OP
Ref: Finance of SAP S4H-2021
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
Place comment