What is 'payment requisition' in SAP FI-LOC-CM-CN - China?

payment requisition - Overview

• Component: FI-LOC-CM-CN

• Component Name: China

• Description: A request for payment that includes the open items to be paid as well as details of payment methods.

payment requisition - Details

• 
  Key Concepts: 
  Payment requisition is a document used in SAP FI-LOC-CM-CN China Localization to request payment for goods or services. It is created by the requesting department and approved by the finance department. The payment requisition contains information such as the vendor, amount, and purpose of the payment. 
  
  How to use it: 
  To create a payment requisition in SAP FI-LOC-CM-CN China Localization, the requesting department must first enter the vendor information, amount, and purpose of the payment. Once this information is entered, the payment requisition must be approved by the finance department before it can be processed. 
  
  Tips & Tricks: 
  When creating a payment requisition in SAP FI-LOC-CM-CN China Localization, it is important to ensure that all of the necessary information is included. This includes the vendor name, amount, and purpose of the payment. Additionally, it is important to ensure that all approvals are obtained before processing the payment requisition. 
  
  Related Information: 
  For more information on payment requisitions in SAP FI-LOC-CM-CN China Localization, please refer to SAP’s official documentation on Payment Requisitions in China Localization. Additionally, there are many online resources available that provide step-by-step instructions on how to create and process payment requisitions in SAP FI-LOC-CM-CN China Localization.