Standing Instructions
Use
Standing instructions constitute a framework agreement that you conclude with a business partner for similar business deals.
Standing instructions encompass transaction authorizations, the partner’s payment details for incoming and outgoing payments, possible correspondence with the partner, and derived flows.
The system uses the standing instructions as default values when you enter financial transactions.
Note
Payments to a business partner are normally made using the same bank details each time.
You specify in the standing instructions if external correspondence should be printed or faxed.
Integration
Standing instructions are part of the master data of the business partner. You access them by choosing the
Standing Instructions
function in the business partner master data. You can also reach the standing instructions from the SAP Easy Access Menu by choosing
Accounting
Corporate Finance Management
Business Partner
Special Functions
Standing Instructions
.
See also: