What is disbursement date in SAP FS-AM - Account Management?

SAP Term: disbursement date

• Component: FS-AM

• Component Name: Account Management

• Description: The date on which a customer wishes to receive a normally non-cash disbursement. In the case of savings deposits, this date can occur between the notice date and four weeks after the due date.

Smart SAP Assistant

• Key Concepts: 
  Disbursement date is a term used in the SAP FS-AM Account Management component. It is the date on which a payment is made to a vendor or customer. This date is usually determined by the payment terms of the transaction. 
  
  How to use it: 
  In SAP FS-AM Account Management, the disbursement date is used to determine when payments should be made. This date can be set manually or automatically based on the payment terms of the transaction. The disbursement date can also be used to track payments and ensure that they are made on time. 
  
  Tips & Tricks: 
  When setting the disbursement date, it is important to consider the payment terms of the transaction. This will ensure that payments are made on time and that vendors and customers are not left waiting for their money. 
  
  Related Information: 
  The disbursement date is closely related to other terms such as payment terms, due date, and payment date. It is important to understand how these terms interact with each other in order to ensure that payments are made on time.