IHC Payment Orders Versus Payment Orders 

Definition

From a technical perspective, SAP In-House Cash uses two types of payment orders:

·        IHC Payment Orders

Most of the SAP In-House Cash functions are based on IHC payment orders. For information on displaying IHC payment orders, see Displaying IHC Payment Orders.

·        Payment Orders

In the case of automatically generated objects, we are dealing in some cases with payment orders. For information on displaying payment orders, see Displaying a Payment Order.

Note the different terms used in this documentation.

Use

When payment orders are created, one of the following constellations is possible:

·        You create an IHC payment order. This is the case for all manual activities.

The IHC payment order also contains the functions for forward orders.

·        The system creates a payment order.

This is the case if you carry out the following activities:

¡        Cash Concentration

¡        Closing Accounts

¡        Account Balancing

·        The system creates a payment order and an IHC payment order at the same time.

This is the case if payment is made to an external recipient via a clearing partner. To this end, the system generates an external IHC payment order in addition to the payment order as well as a payment item in the corresponding clearing account.

As a prerequisite, you must have made the relevant settings for generating additional IHC payment orders in the implementation guide (IMG), under Account Management ® Payment Processes in In-House Cash ® Make Basic Settings for Payment Processes ® External Payments.

The workflow only enters payment orders and not IHC payment orders.