Integration of Payment Advice with Buyers and Suppliers (2MB)

Integration of Payment Advice with Buyers and Suppliers (2MB)

For organizations whose suppliers or buyers use traditional data exchange protocols like electronic data interchange (EDI), this scope item provides robust application programming interfaces (APIs) to simplify and automate exchanging procurement documents.

The following documents are supported via the Simple Object Access Protocol (SOAP) messaging protocol:

- Payment Advice Notification (Trigger Outbound message)

- Payment Advice Notification (Receive Inbound message)

- Payment Advice Cancellation Notification (Trigger Outbound message)

- Payment Advice Cancellation Notification (Receive Inbound message)

You can benefit from intercompany integration by enabling this scope item.

Key Process Steps Covered

  • Trigger payment advice message
  • Trigger payment advice cancellation message
  • Receive payment advice notification
  • Receive payment advice cancellation message
  • Support customer returns process

Benefits

  • Experience higher degree of automation in exchanging financial documents as the Payment Advice Notification with suppliers
  • Save time by reducing manual communication efforts with suppliers
  • Increase productivity, performance, and work satisfaction of procurement professionals and accounts payable accountants
  • Save costs for paper, postage, mailing, records management
  • Enable higher degrees of scalability with process efficiency gains

Where is Integration of Payment Advice with Buyers and Suppliers(2MB) being used?

This Scope item is used in the following way:

  • As a support function of Financial Operations within Finance Scope Item Group

Process flow of Integration of Payment Advice with Buyers and Suppliers (2MB)

Find below the process flow of the scope item Integration of Payment Advice with Buyers and Suppliers as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario Integration of Payment Advice with Buyers and Suppliers (2MB) - S/4HANA Cloud
Ref: Finance of SAP S4HC-2111
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:
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