Payment Media in Finland
Description
Two new programs are available for creating data media with domestic or
foreign payments to the Meritabank. As well as a file with payment orders, you
can also print payment advice notes or a payment summary in addition to the
payments.
You can use program RFFOFI_L which generates the data medium
in LM02 format for domestic payment transactions in Finland. Similarly program
RFFOFI_U generates the data medium in ULMP format for foreign
payment transactions.
Change system parameters in customizing
1. To be able to create domestic or foreign
payments, you need to create a new payment method ("L" or "U" in the standard
system). To do so, refer to the program documentation of the respective
payment medium program.
For more information on setting up payment methods, refer to the
"Set up payment program" chapter in the Accounts
Receivable/Accounts Payable Implementation Guide.
For more information on setting up payment methods, refer to the
"Set up payment program" chapter in the Accounts
Receivable/Accounts Payable Implementation Guide.2. If you want to settle your payables
automatically, maintain the respective payment method in the vendor master
record.
For more information on defining payment methods, refer to the
"Set up payment program" chapter in the Accounts
Receivable/Accounts Payable Implementation Guide.
For more information on defining payment methods, refer to the
"Set up payment program" chapter in the Accounts
Receivable/Accounts Payable Implementation Guide.