What is 'payment date' in SAP FIN-FSCM-TRM-TM - Transaction Manager?

payment date - Overview

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: Date on which a payment is done.

payment date - Details

• 
  Key Concepts: 
  Payment date is a term used in the Transaction Manager (TM) component of the Financial Supply Chain Management (FSCM) module of SAP. It is the date on which a payment is due to be made. This date is determined by the payment terms that have been set up in the system. 
  
  How to use it: 
  The payment date can be set up in the system by defining payment terms. These payment terms can be used to determine when payments are due and when they should be made. The payment date can also be manually entered into the system for specific transactions. 
  
  Tips & Tricks: 
  It is important to ensure that payment dates are accurate and up-to-date in order to ensure that payments are made on time. It is also important to ensure that payment terms are set up correctly in order to ensure that payments are made according to the agreed upon terms. 
  
  Related Information: 
  The payment date is related to other terms such as due date, invoice date, and payment terms. It is important to understand how these terms interact with each other in order to ensure that payments are made on time and according to the agreed upon terms.