Contract Accounting - Customer Initiated Payments (2BI)

Paid invoice processing allows you to post invoices that are already paid. You can also manage the payment card settlement process, ending in either a successful transfer to the General Ledger (FI-GL) or returns processing. The payment card process requires an integration of Contract Accounts Receivable and Payable (FI-CA) and Payment Hub (digital payments).

Key Process Steps Covered

• Post incoming payment data from bank statement file
• Payment lot processing
• Check lot processing

Benefits

• Post invoices with automatic clearing due to payment card information in one step
• Perform automatic charge-back processing
• Reconcile payment card transactions with payment advice provided by the Payment Hub

Where is Contract Accounting - Customer Initiated Payments(2BI) 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 - Customer Initiated Payments (2BI)

• Best Practices of SAP S/4HANA On Premise *1
• Best Practices of SAP S/4HANA Cloud *2
• Best Practices of SAP Analytics Cloud *2
• Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

• RISE with SAP
• SAP S/4HANA Cloud
• SAP on Azure
• Business Process Management