What is check set for enrichment and validation in SAP FS-PE - Payment Engine?

SAP Term: check set for enrichment and validation

• Component: FS-PE

• Component Name: Payment Engine

• Description: A group of checks used in payment processing to enrich and validate payment orders and payment items in accordance with defined check rules.The check set determines the sequence and mode in which the system executes the checks.

Smart SAP Assistant

• Key Concepts: 
  Check set for enrichment and validation is a feature of the FS-PE Payment Engine component of SAP. It is used to ensure that all payment data is accurate and complete before it is processed. The check set consists of a series of checks that are performed on the payment data to ensure that it meets certain criteria. These criteria can include things like the presence of required fields, the accuracy of the data, and the validity of the data. 
  
  How to use it: 
  The check set for enrichment and validation can be used in two ways. First, it can be used to validate payment data before it is processed. This ensures that all payment data is accurate and complete before it is sent to the bank or other payment processor. Second, it can be used to enrich payment data with additional information such as customer information or other relevant data. This ensures that all payment data is as complete as possible before it is sent to the bank or other payment processor. 
  
  Tips & Tricks: 
  When using the check set for enrichment and validation, it is important to ensure that all checks are performed correctly. This includes making sure that all required fields are present, that all data is accurate, and that all data is valid. Additionally, it is important to ensure that any additional information added to the payment data is accurate and up-to-date. 
  
  Related Information: 
  For more information about the check set for enrichment and validation, please refer to SAP's documentation on FS-PE Payment Engine. Additionally, there are many online resources available which provide more detailed information about this feature of SAP.