What is active return in SAP FS-PE - Payment Engine?

SAP Term: active return

• Component: FS-PE

• Component Name: Payment Engine

• Description: A return posting of a recipient item to the initiating financial institution. If the recipient item was already posted on the customer's account, the system creates a new payment order that clears the amount on the ordering party account and the recipient account. If the recipient item was not yet posted on the customer's account, the system creates a new payment item that clears the amount on the ordering party account.

Smart SAP Assistant

• Key Concepts: 
  Active return is a feature of the SAP FS-PE Payment Engine that allows customers to return payments that have already been processed. This feature is useful for customers who need to reverse payments due to incorrect or incomplete information, or for any other reason. 
  
  How to use it: 
  To use the active return feature, customers must first log into their SAP system and navigate to the FS-PE Payment Engine. Once there, they can select the payment they wish to return and enter the necessary information. The system will then process the return and update the customer's account accordingly. 
  
  Tips & Tricks: 
  When using active return, it is important to ensure that all of the necessary information is entered correctly. This will help to ensure that the payment is returned in a timely manner and that the customer's account is updated accurately. 
  
  Related Information: 
  For more information about active return and other features of the SAP FS-PE Payment Engine, please refer to the official SAP documentation.