Vendor

Using the outgoing check accounts, this program determines the average difference between the posting date and the date on which the check is cashed per vendor.

You can also create a batch input session with the values calculated for each vendor. If these values differ from the entry in the master record, then the system updates the Chk cashng time master record field accordingly.

If this master record field is filled, the payment program can calculate the date of cash outflow (relevant for the cash position). For this to happen, the payment method "check" must be correctly classified in the payment program.

If the master record field is not filled, the system uses the default value stored in the payment program.

To use the days outstanding calculated for each vendor in SAP Cash and Liquidity Management , proceed as follows.

  1. Start from the initial screen for configuring the payment program (as above).

  2. Then choose Start of the navigation path Payment methods Next navigation step In country End of the navigation path .

  3. On the next screen, select the country for which you want to classify the payment method.

  4. On the next screen, double click the Check payment method.

  5. Select the Check will be created parameter.

    This selection causes the payment program to read the Check cashing time field in the vendor master record and transfer the value to SAP Cash and Liquidity Management .

  6. Save your entries.

See also:

Executing the Program