What is base value date in SAP FS-PE - Payment Engine?

SAP Term: base value date

• Component: FS-PE

• Component Name: Payment Engine

• Description: The date and time used for value dating if a predefined value date is not accepted as a fixed value date, is not in the value date interval, and the value dating is needed within the system.

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• Key Concepts: 
  Base value date is a term used in the SAP FS-PE Payment Engine component. It is the date used to determine the exchange rate for a payment transaction. The base value date is also used to determine the due date of a payment transaction. 
  
  How to use it: 
  The base value date is set when a payment transaction is created. It can be changed at any time before the payment is processed. The base value date should be set to the date when the payment transaction will be processed. This ensures that the correct exchange rate and due date are used for the payment transaction. 
  
  Tips & Tricks: 
  It is important to ensure that the base value date is set correctly when creating a payment transaction. This will ensure that the correct exchange rate and due date are used for the payment transaction. 
  
  Related Information: 
  For more information on base value dates, please refer to SAP's documentation on Payment Engine (FS-PE).