What is SEPA transaction type in SAP FS-AM-OM - Order Management?

SAP Term: SEPA transaction type

• Component: FS-AM-OM

• Component Name: Order Management

• Description: Transaction type that can be used for SEPA direct debits. A transaction type can only become a SEPA transaction type if there is a valid entry for its assigned offsetting transaction type in the Customizing activity "Define Lead Days for DEPA Direct Debits". ________________________________________________________________________

Smart SAP Assistant

• Key Concepts: 
  SEPA (Single Euro Payments Area) is a payment system that enables customers to make and receive payments in euros within the European Union. SEPA transaction types are used to define the type of payment being made, such as direct debit, credit transfer, or standing order. In SAP FS-AM-OM Order Management, SEPA transaction types are used to define the type of payment being made when creating an order. 
  
  How to use it: 
  When creating an order in SAP FS-AM-OM Order Management, you will need to select a SEPA transaction type. This will determine the type of payment being made for the order. The available SEPA transaction types are direct debit, credit transfer, and standing order. 
  
  Tips & Tricks: 
  When selecting a SEPA transaction type for an order, make sure to select the one that best fits the payment being made. For example, if you are making a one-time payment, you should select the credit transfer option. If you are making a recurring payment, you should select the standing order option. 
  
  Related Information: 
  For more information on SEPA transaction types and how they are used in SAP FS-AM-OM Order Management, please refer to the SAP Help documentation.