What is 'order recall' in SAP FS-PE - Payment Engine?

order recall - Overview

• Component: FS-PE

• Component Name: Payment Engine

• Description: A recall of the entire payment order by the ordering party. This can apply to an individual payment order or for collective payment orders. The order recall must be created at the ordering bank where the ordering party has their account.

order recall - Details

• 
  Key Concepts: 
  Order recall is a feature of the FS-PE Payment Engine in SAP that allows users to recall orders that have already been processed. This feature is useful for correcting errors or making changes to orders that have already been processed. 
  
  How to use it: 
  To use the order recall feature, users must first select the order they wish to recall from the list of orders in the system. Once the order is selected, users can then make any necessary changes or corrections to the order before submitting it for processing again. 
  
  Tips & Tricks: 
  When using the order recall feature, it is important to double-check all changes and corrections before submitting the order for processing again. This will help ensure that all changes are accurate and that no errors are made. 
  
  Related Information: 
  The FS-PE Payment Engine also includes other features such as payment processing, payment reconciliation, and payment tracking. These features can be used in conjunction with the order recall feature to ensure accurate and efficient processing of orders.