What is outgoing payment order in SAP FS-PE - Payment Engine?

SAP Term: outgoing payment order

• Component: FS-PE

• Component Name: Payment Engine

• Description: Payment order that is to be transferred from to an external system, external customer, or a third-party bank. Outgoing payment orders are processed by Output Management and transferred by .

Smart SAP Assistant

• Key Concepts: 
  An outgoing payment order is a document created in the SAP system that contains all the information necessary to make a payment. It is created in the Financial Services Payment Engine (FS-PE) component of SAP. The payment order contains information such as the payee, the amount to be paid, and the payment method. 
  
  How to use it: 
  To create an outgoing payment order, you must first enter the necessary information into the FS-PE component of SAP. This includes the payee, the amount to be paid, and the payment method. Once this information is entered, you can create the payment order by clicking on the “Create Payment Order” button. 
  
  Tips & Tricks: 
  When creating an outgoing payment order, it is important to double-check all of the information entered to ensure accuracy. This will help to avoid any errors or delays in processing the payment. Additionally, it is important to keep track of all outgoing payment orders so that you can easily reference them in the future if needed. 
  
  Related Information: 
  For more information on creating outgoing payment orders in SAP, please refer to SAP’s official documentation on FS-PE Payment Engine. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to create an outgoing payment order in SAP.