What is basis payment item in SAP FS-AM-IM - Item Management?

SAP Term: basis payment item

• Component: FS-AM-IM

• Component Name: Item Management

• Description: A payment item that is relevant for charges and results in postings. This can be a payment operation or a charge.

Smart SAP Assistant

• Key Concepts: 
  Basis payment item is a component of the SAP FS-AM-IM Item Management module. It is used to define the payment terms for a particular item or service. This includes the payment amount, payment date, and payment method. It also allows for the creation of payment plans and the tracking of payments. 
  
  How to use it: 
  To use basis payment item, first create a payment plan for the item or service. This plan should include the payment amount, payment date, and payment method. Once this is done, the basis payment item can be created and linked to the payment plan. This will allow for tracking of payments and ensure that all payments are made on time. 
  
  Tips & Tricks: 
  When creating a basis payment item, it is important to ensure that all information is accurate and up-to-date. This will help to ensure that payments are made on time and that all payments are tracked properly. Additionally, it is important to review the payment plan regularly to ensure that it is still valid and up-to-date. 
  
  Related Information: 
  The SAP FS-AM-IM Item Management module also includes other components such as pricing items, delivery items, and billing items. These components can be used in conjunction with basis payment items to create a comprehensive system for managing payments and tracking payments. Additionally, there are various reports available in the module which can be used to track payments and analyze trends in payments over time.