What is exception control in SAP FS-PE - Payment Engine?

SAP Term: exception control

• Component: FS-PE

• Component Name: Payment Engine

• Description: Exception Handling -EH is a component in to define business rules that determine suitable response types for errors that occur during straight-through processing STP and file handling. If an error occurs in any of the components that are linked to Exception Control, the system stops the process and transfers the error to Exception Control.

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• Key Concepts: 
  Exception control is a feature of the FS-PE Payment Engine component of SAP. It is used to identify and manage payment exceptions, such as incorrect payment amounts, incorrect payment dates, and incorrect payment recipients. Exception control helps to ensure that payments are made accurately and on time.
  
  How to use it: 
  To use exception control, you must first set up the payment rules in the system. This includes setting up the payment terms, payment methods, and payment recipients. Once these rules are set up, the system will automatically detect any exceptions and alert you to them. You can then take action to resolve the exception.
  
  Tips & Tricks: 
  It is important to regularly review your payment rules to ensure that they are up-to-date and accurate. This will help to reduce the number of exceptions that occur. Additionally, it is important to review any exceptions that occur in order to identify any potential issues or trends that may need to be addressed.
  
  Related Information: 
  For more information on exception control in SAP, please refer to the SAP Help Portal or contact your SAP support team.