What is 'percentage charge' in SAP FS-PE - Payment Engine?

percentage charge - Overview

• Component: FS-PE

• Component Name: Payment Engine

• Description: See the context information.

percentage charge - Details

• 
  Key Concepts: 
  A percentage charge is a type of fee that is calculated as a percentage of the total amount of a payment. It is used in the FS-PE Payment Engine component of SAP software to calculate fees for payments made through the system. 
  
  How to use it: 
  The percentage charge can be set up in the FS-PE Payment Engine component of SAP software. The user can specify the percentage rate and the total amount of the payment, and the system will automatically calculate the fee. The fee can then be added to the total amount of the payment. 
  
  Tips & Tricks: 
  When setting up a percentage charge in SAP software, it is important to make sure that the rate and total amount are entered correctly. This will ensure that the fee is calculated accurately and that the payment is processed correctly. 
  
  Related Information: 
  The FS-PE Payment Engine component of SAP software also supports other types of fees, such as flat fees and minimum fees. It is important to understand how these different types of fees work in order to ensure that payments are processed correctly.