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Function documentationWorking with Bills of Exchange Locate this document in the navigation structure

 

Note Note

Relevant for the following countries: Belgium, Brazil, Chile, China, France, Italy, Japan, Korea, Portugal, and Spain.

End of the note.

In SAP Business One, your company settings enable use of bills of exchange. A bill of exchange is a means of payment you can use in incoming and outgoing payments. It is a document addressed by the vendor to the customer requiring the latter to pay a certain amount on the due date.

A customer buys goods or services and agrees with the vendor that the payment method will be a bill of exchange. On the due date, the vendor claims payment from the customer or asks the bank to claim it. If the customer pays, the process is completed. If not, the bank informs the vendor, and the vendor duns the customer.

To access bill of exchange-related functions, choose   Banking   Bill of Exchange  .