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

percentage method - Overview

• Component: FS-PE

• Component Name: Payment Engine

• Description: See the context information.

percentage method - Details

• 
  Key Concepts: 
  The percentage method in the FS-PE Payment Engine is a way of calculating the amount of a payment based on a percentage of the total amount due. This method is used when the exact amount of the payment is not known, but the percentage of the total amount due is known. 
  
  How to use it: 
  The percentage method can be used in the FS-PE Payment Engine by entering the percentage of the total amount due that should be paid. The system will then calculate the exact amount of the payment based on this percentage. 
  
  Tips & Tricks: 
  When using the percentage method, it is important to make sure that the total amount due is accurate before entering the percentage. This will ensure that the payment amount calculated by the system is correct. 
  
  Related Information: 
  The percentage method can also be used in other SAP modules, such as Accounts Receivable and Accounts Payable. It can also be used to calculate discounts or other types of payments.