What is processing indicator in SAP FS-PE - Payment Engine?

SAP Term: processing indicator

• Component: FS-PE

• Component Name: Payment Engine

• Description: "Recall Processing Indicator" specifies whether payment items and payment orders that the system finds for a recall are to be processed manually or automatically.

Smart SAP Assistant

• Key Concepts: 
  Processing indicator is a feature of the FS-PE Payment Engine in SAP. It is used to indicate the status of a payment transaction, such as whether it has been processed or not. It can also be used to identify payments that require additional processing or manual intervention. 
  
  How to use it: 
  The processing indicator is set when a payment is created in SAP. It can be set to “Processed”, “Not Processed”, or “Manual Intervention Required”. When a payment is processed, the indicator is set to “Processed”. If the payment requires additional processing or manual intervention, the indicator is set to “Manual Intervention Required”. 
  
  Tips & Tricks: 
  It is important to ensure that the processing indicator is set correctly for each payment transaction. This will help ensure that payments are processed correctly and in a timely manner. 
  
  Related Information: 
  For more information on the FS-PE Payment Engine and its features, please refer to the SAP Help documentation.