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Hi
Of course It is possible for one company code to handle , apart from
handling its own payment commitments, the payments of one more company
code. However, you could ensure strict control if you do not allow the
other company code do the same thing on behalf of the former one. Controls
could break loose if both company codes handle their own payments as well as
those of the other. This is my personal opinion. I am not aware of the
statutory regulations which may or may not permit cross company code
payments ( happening as mentioned above ) ; yet, I opine that it would be
better not to resort to the practice of two company codes making payments
for the other mutually.
Regards
VidhyaDhar
On Sat, Jul 31, 2010 at 6:52 AM, Tony Wong via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by Tony Wong
> on Jul 30 at 9:41 PM Cross
> country payments tends to be problematic, not only on how SAP handles it,
> but also on local reporting with the government. Hong Kong may see fewer
> problems as currency are free flowing. Thai company can be an issue -
> because it receive services/products in Thailand but being paid for by a HK
> company. The HK company must charge it back to Thailand and that will invite
> a lot of scrutiny by the authority.
>
> I would rather setup a USD account in Thailand and keep things separate.
>
> Regards,
>
> Tony
>
> ---------------Original Message---------------
> From: anant_sapr...
> Sent: Tuesday, August 08, 2006 10:14 AM
> Subject: Payment program - Multiple Paying company codes (Cross-Company)
>
> > Dear SAP Folks:
> >
> > Is there a way to specify more than one paying co code in the
> > configuration of the payment program?
> >
> > Scenario:
> > 2 co codes: 1000 - Thailand and 2000 - Hong Kong.
> >
> > Co code 1000 makes payments for itself for vendor transactions in
> > local currency which is THB and the Hong Kong company 2000 makes
> > payments on behalf of 1000 for USD payments and also payments
> > for itself in USD. Hence, 1000 has the THB house bank and 2000
> > has the USD house bank. In the payment program config for 1000
> > only one paying company code can be specified - either 1000 or
> > 2000 and sending co code as 1000. Is there a way to enable BOTH
> > 1000 and 2000 as the paying co code for 1000 on the basis of
> > currency?
> >
> > Is there an option other than making manual payments (F-58) for
> > THB transactions?
> >
> > Any help would be greatly appreciated...
> >
> > Thanks
> > Anant
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