Payment Card Processing 

Use

‘Payment card’ is the term used to describe customer cards and credit cards. With this function, the SAP system processes payment made by payment cards.

Features

As with all other means of payment, payments made by payment cards are passed on to Financial Accounting from Billing. Open line items are created on the relevant accounts to be settled with the payment card company. All data relating to payment card transactions is stored in Financial Accounting. You can then use a report to group the settlement data together and transfer it to the payment card company. The settlement run can be repeated as required.

 

See also:

SD – Sales Processing: Payment Card Processing

FI – Accounts Receivable and Accounts Payable: Payment Cards