What is repayment request in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: repayment request

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: A data record that is created when an incoming payment is to be repaid to the customer. Using this data record, the payment program and the payment media print program create a payment medium for the refund. A repayment request may occur as the result of incorrect transfers, for example

Smart SAP Assistant

• Key Concepts: 
  Repayment request is a feature of the FI-CA Contract Accounts Receivable and Payable component of SAP. It allows users to create a repayment request for an open item in the contract account. This repayment request can be used to initiate a payment process for the open item. 
  
  How to use it: 
  To create a repayment request, users must first select the open item in the contract account. Then, they can enter the repayment amount and select the payment method. Once the repayment request is created, it can be used to initiate a payment process for the open item. 
  
  Tips & Tricks: 
  When creating a repayment request, users should ensure that all necessary information is entered correctly. This includes the repayment amount, payment method, and any other relevant details. Additionally, users should double-check that all information is accurate before submitting the repayment request. 
  
  Related Information: 
  For more information about using the FI-CA Contract Accounts Receivable and Payable component of SAP, please refer to the official SAP documentation. Additionally, users can find helpful tutorials and videos online that provide step-by-step instructions on how to use this feature.