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Process documentationDirect Clearing Locate this document in the navigation structure

 

You can use this process to forward single payment items to an internal account management system and to forward single external payment items to an outgoing channel in a new outgoing payment order.

You can process single payment items manually or configure the system to batch process payment items on a regular basis.

Prerequisites

You have defined how the system processes different types of payment items in the clearing agreements. On the SAP Easy Access screen, choose   Payment Engine   Master Data   Routing Control   Manage Routes and Clearing Agreements   (transaction /PE1/RN).

For more information, see Clearing Agreement.

Process

Direct Posting of Internal Payment Items

  1. After route processing, the system transfers payment items to Clearing Processing.

  2. Based on the settings in the route and the clearing agreement, the system determines the following:

    • That the payment items are internal

    • That the payment items are not to be assigned to a queue or collector

    • The internal account management system to which the payment items are to be forwarded

  3. If defined, the system calls up the credit-limit-check application to authorize a payment.

  4. After the authorization is received, the system sends a posting request to an internal account management system.

  5. The internal account management system posts the payment to the beneficiary account.

Single-Item Forwarding of External Payment Items

  1. After route processing, the system transfers payment items to Clearing Processing.

  2. Based on the settings in the route and the clearing agreement, the system determines the following:

    • That the payment items are external

    • That the payment items are not to be assigned to a queue or collector

    • The internal account management system to which the payment items are to be forwarded

  3. Output Manager creates a new outgoing payment order in which the financial institution is the ordering party requesting the recipient (a clearing system or external financial institution) to execute the payment. Output Manager sends the outgoing payment order in a file. For more information, see Output Manager.

  4. The system creates a clearing item and posts it to the internal clearing account (nostro or vostro account), which is linked to the outgoing clearing system or recipient financial institution.

  5. The system routes the internal clearing item as a posting request to the relevant external account management system.

  6. The external account management system posts the payment to the beneficiary account.