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  1. SAP Glossary
  2. FIN Payment Processing
  3. cash storage amount


What is cash storage amount in SAP AP-PAY - FIN Payment Processing?


SAP Term: cash storage amount


Smart SAP Assistant

  • Key Concepts: 
    Cash storage amount is a feature of the SAP AP-PAY FIN Payment Processing component. It is a type of payment that allows customers to store cash in an account and use it to pay for goods and services. The cash storage amount is the total amount of cash stored in the account. 
    
    How to use it: 
    The cash storage amount can be used to pay for goods and services. To do this, customers must first transfer funds into their account. Once the funds have been transferred, customers can then use the cash storage amount to pay for goods and services. 
    
    Tips & Tricks: 
    It is important to keep track of the cash storage amount in order to ensure that customers are not overspending. Additionally, customers should be aware that there may be fees associated with transferring funds into their account. 
    
    Related Information: 
    The SAP AP-PAY FIN Payment Processing component also includes features such as payment processing, payment reconciliation, and payment authorization. Additionally, customers can use the SAP Cash Management module to manage their cash flow and liquidity.
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