Notes on the Payment Method (SAP Library

Notes on the Payment Method

You can define payment methods in the master record or in the open items.

In the master record you can either:

Specify a single payment method, if, for example, you have already defined a specific payment method with a business partner, or

Specify multiple payment methods, one of which will be selected by the payment program according to your specifications during the payment run. The manner in which the payment program selects a payment method is explained in Selection of the Payment Method by the Payment Program

If you specify a payment method in the open items, it will override the specification in the master record. A payment method defined in the open items must not exist in the master record.

The payment method with which you want to pay must always be specified in the customer or vendor master record or in the open item.