1. SAP Glossary
  2. Payment Engine
  3. debit data


What is debit data in SAP FS-PE - Payment Engine?


SAP Term: debit data

  • Component: FS-PE

  • Component Name: Payment Engine

  • Description: The information relating to a payment transaction to be settled by the customer.


Smart SAP Assistant

  • Key Concepts: 
    Debit data is a type of payment data used in the FS-PE Payment Engine component of SAP. It is used to record the amount of money that is debited from a customer's account when they make a payment. This data is then used to update the customer's account balance and to generate reports for accounting purposes. 
    
    How to use it: 
    Debit data can be entered into the FS-PE Payment Engine component of SAP by entering the amount of money that was debited from the customer's account. This data can then be used to update the customer's account balance and generate reports for accounting purposes. 
    
    Tips & Tricks: 
    When entering debit data into the FS-PE Payment Engine component of SAP, it is important to ensure that the amount entered is accurate and up-to-date. This will ensure that the customer's account balance is accurately reflected in the system and that any reports generated are accurate. 
    
    Related Information: 
    Debit data is closely related to credit data, which is used to record the amount of money that is credited to a customer's account when they make a payment. Both debit and credit data are important for accurately tracking a customer's account balance and generating accurate reports for accounting purposes.
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