What is return file in SAP (FI-CA - Contract Accounts Receivable and Payable)?

SAP Term: return file

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: A file a bank sends usually via a clearing house to confirm receipt of a prenotification file. The return file verifies that the data received was correct, and if it was not, it includes any incorrect data, such as an invalid bank account number.

Smart SAP Assistant

• Key Concepts: 
  A return file is a document used in the FI-CA Contract Accounts Receivable and Payable component of SAP. It is used to record the return of goods or services from a customer or supplier. The return file contains information such as the customer or supplier name, the date of the return, and the amount of money returned. 
  
  How to use it: 
  In order to create a return file, you must first enter the customer or supplier name, the date of the return, and the amount of money returned. Once this information is entered, you can save the return file. This will allow you to track returns and ensure that customers and suppliers are properly credited for their returns. 
  
  Tips & Tricks: 
  When creating a return file, it is important to make sure that all of the information is accurate and up-to-date. This will help ensure that customers and suppliers are properly credited for their returns. Additionally, it is important to keep track of all return files in order to ensure that all returns are properly accounted for. 
  
  Related Information: 
  Return files are closely related to invoices and credit notes. Invoices are documents used to record sales transactions between customers and suppliers, while credit notes are documents used to record refunds or discounts given to customers or suppliers. Return files are used in conjunction with invoices and credit notes in order to accurately track returns from customers or suppliers.