What is payment distribution order in SAP FS-PCO-AM - Posting Control Office for Account Management?

SAP Term: payment distribution order

• Component: FS-PCO-AM

• Component Name: Posting Control Office for Account Management

• Description: A posting control order for which the underlying posting problem was caused by a payment distribution item and for which the following prerequisites are met: Report Execute Payment Distribution could not successfully determine how the payment on which the payment distribution item was based is to be processed, due to incorrect Customizing settings or contradictory settings on the loan account, for example. In accordance with the rules defined in Customizing for the payment distribution or in accordance with the payment distribution directive, the payment distribution item needs postprocessing. Depending on the processing method set in Customizing, payment distribution orders can either be processed with the Postprocessing Desktop or using report Automatic Postprocessing for Payment Distribution.

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• Key Concepts: 
  A Payment Distribution Order (PDO) is a document used in the SAP FS-PCO-AM Posting Control Office for Account Management component. It is used to define the distribution of payments among different accounts. The PDO contains information about the payment amount, the accounts to be credited and debited, and the payment date. 
  
  How to use it: 
  The Payment Distribution Order is created in the SAP system by entering the relevant data into the PDO form. The form includes fields such as payment amount, accounts to be credited and debited, and payment date. Once all the data is entered, the PDO can be saved and processed. 
  
  Tips & Tricks: 
  When creating a Payment Distribution Order, it is important to ensure that all the data entered is accurate and up-to-date. This will help to avoid any errors or delays in processing the PDO. Additionally, it is important to ensure that all accounts are correctly credited and debited when creating a PDO. 
  
  Related Information: 
  The Payment Distribution Order is part of the SAP FS-PCO-AM Posting Control Office for Account Management component. This component also includes other features such as account reconciliation, payment processing, and account management. Additionally, there are other components within SAP that are related to payments such as Accounts Payable and Accounts Receivable.