Define Period Types for Vendors (SAP Library - Accounts Receivable and Accounts Payable)

Define Period Types for Vendors

You can create account statements automatically. To do this, you enter a key specifying with which frequency account statements are to be created in the Acct statement field in the customer/vendor master records (period types). This key should be specified as a selection criterion for the program that creates the periodic account statements.

Activities

1. Determine the accounts for which periodic account statements are to be created.

2. Determine the keys you want to use.

3. Ensure that the corresponding keys are entered in the customer/vendor master records.

4. The program for creating the account statements should be started in the required intervals by specifying the account statement interval or the OI key date. You should specify the key representing the required frequency in each case. The program then creates account statements for all customers/vendors who have this key in their master record.