What is note to payee (original) in SAP FI-BL - Bank Accounting?

SAP Term: note to payee (original)

• Component: FI-BL

• Component Name: Bank Accounting

• Description: Contains the original text of the bank statement in the note to payee field.

Smart SAP Assistant

• Key Concepts: 
  Note to payee (original) is a feature in the FI-BL Bank Accounting component of SAP software. It allows users to enter a note or comment that will be printed on the payment document and sent to the payee. This note can be used to provide additional information about the payment, such as the purpose of the payment or any special instructions. 
  
  How to use it: 
  To use the Note to Payee (original) feature, users must first enter the payment document in SAP. Once the payment document is created, users can enter a note or comment in the “Note to Payee” field. This note will then be printed on the payment document and sent to the payee. 
  
  Tips & Tricks: 
  When entering a note or comment in the “Note to Payee” field, it is important to make sure that all relevant information is included. This will ensure that the payee has all of the necessary information about the payment. Additionally, it is important to double-check that all of the information entered is accurate before sending out the payment document. 
  
  Related Information: 
  The Note to Payee (original) feature is part of the FI-BL Bank Accounting component of SAP software. Other features in this component include Payment Processing, Bank Statement Processing, and Bank Reconciliation.