What is reconciliation report in SAP FS-PE - Payment Engine?

SAP Term: reconciliation report

• Component: FS-PE

• Component Name: Payment Engine

• Description: Reports used for reconciliation. Examples: Reconciliation of ED 211 Messages T-cd: /PERUS/RP_RECON, for Russia Processing of Expired Payment Claims T-cd: /PERUS/EXP_CLAIMS, for Russia

Smart SAP Assistant

• Key Concepts: 
  A reconciliation report is a tool used in the FS-PE Payment Engine component of SAP to compare two sets of records and identify any discrepancies between them. It is used to ensure that all payments have been correctly processed and that all transactions have been accurately recorded. 
  
  How to use it: 
  The reconciliation report can be accessed through the SAP system by navigating to the FS-PE Payment Engine component. Once there, select the “Reconciliation Report” option from the menu. This will open a window where you can enter the parameters for the report, such as the date range and payment type. Once you have entered all of the necessary information, click “Run” to generate the report. 
  
  Tips & Tricks: 
  It is important to regularly run reconciliation reports in order to ensure that all payments have been correctly processed and that all transactions have been accurately recorded. Additionally, it is important to review the report carefully in order to identify any discrepancies between the two sets of records. 
  
  Related Information: 
  For more information on how to use the reconciliation report in SAP, please refer to the official SAP documentation or contact your local SAP support team.