What is outgoing payment dispatcher in SAP FS-AM - Account Management?

SAP Term: outgoing payment dispatcher

• Component: FS-AM

• Component Name: Account Management

• Description: A component located within the system, which collects and stores information about external recipient payment items and forwards the information as a bulk request to an external payment processing system.

Smart SAP Assistant

• Key Concepts: 
  The Outgoing Payment Dispatcher is a component of the SAP FS-AM Account Management module. It is used to manage and process outgoing payments from a company’s accounts. It allows users to define payment rules, create payment batches, and monitor the status of payments. 
  
  How to use it: 
  The Outgoing Payment Dispatcher can be used to create payment batches for outgoing payments. It allows users to define payment rules, such as payment methods, payment terms, and payment currencies. The payment batches can then be processed and monitored in the system. 
  
  Tips & Tricks: 
  When creating payment batches, it is important to ensure that all the necessary information is included in the batch. This includes the payment method, payment terms, and payment currency. Additionally, it is important to check that all the payments in the batch are valid before processing them. 
  
  Related Information: 
  The Outgoing Payment Dispatcher is part of the SAP FS-AM Account Management module. Other components of this module include the Incoming Payment Dispatcher, Bank Account Management, and Cash Management. Additionally, there are other modules in SAP that are related to payments, such as Treasury and Risk Management and Financial Supply Chain Management.