Reply from Roy B on Jun 29 at 4:37 AM Hi Vidhya,
As always a well thought-out and demonstrable solution but I got the impression that the OP was talking about customers not vendors. You can use F110 for customer payments if you hold a direct debit mandate allowing you to send a DME file to the bank which will pull in customer payments directly from their banks.
This is common in Europe. Your solution with installment payment terms would work just as well for customers as for vendors so it makes little difference, but the OP should have made it clear from the outset whether we are talking about vendors or customers.
I have not weighed in to this thread before because when I read that someone is complaining about a lot of manual work it tends to put me off, since I am of a generation that did spreadsheets with paper and pencil and an eraser and a calculating machine. We were not afraid of a bit of work.
Regards,
Roy
Roy Brookes FFA, FInstBA,
SAP Financials Expert
| | | ---------------Original Message---------------
From: Vidhya Dhar
Sent: Thursday, June 28, 2012 10:50 PM
Subject: Change Payment Recipient in Payment Proposal (F110)
Hi,
I understand your point.
However, please tell me one thing. We are talking about vendor
payments involving alternative payees (and not about customer
invoice settlement involving alternative payers ), I guess , since you
are making a reference to F110 (automatic payments...which is used
for vendor payments, by default ). Am I right ?
I am afraid you do not have, in the base product, a provision to
cause a reallocation of the payee in the proposal. The alternative
payee is usually selected during invoice posting.
I created a vendor, activated the individual payee in the vendor
master, assigned an installment payment term to the vendor master and
posted a vendor invoice. While simulating the vendor invoice (the
installment payment term broke down the vendor invoice automatically
into two lines with 70 and 30 % respectively), I specified the
alternative payee in one of the line items so created. My APP run
generated two checks favoring two payees (one line item to the
vendor himself and the other in favor of the alternative payee).
Therefore, the process I referred to you works OK. I am not aware, at
the moment, of any other possibility that you are contemplating.
Regards,
VidhyaDhar |
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