What is referencing in SAP FS-PE - Payment Engine?

SAP Term: referencing

• Component: FS-PE

• Component Name: Payment Engine

• Description: The provision of sources of information.

Smart SAP Assistant

• Key Concepts: 
  Referencing is a feature of the FS-PE Payment Engine in SAP that allows users to link payments to documents, such as invoices, in order to keep track of payments and ensure accuracy. This feature helps to streamline the payment process and reduce errors.
  
  How to use it: 
  In order to use the referencing feature of the FS-PE Payment Engine, users must first create a payment document. Once the payment document is created, users can then link it to an invoice or other document by entering the document number in the “Reference” field. This will ensure that the payment is linked to the correct document and can be tracked easily.
  
  Tips & Tricks: 
  When using the referencing feature of the FS-PE Payment Engine, it is important to double-check that the reference number entered is correct. This will help to ensure that payments are linked to the correct documents and reduce errors. Additionally, it is important to keep track of all references in order to easily locate payments and documents in the future.
  
  Related Information: 
  For more information on how to use the referencing feature of the FS-PE Payment Engine, please refer to SAP’s official documentation on the topic. Additionally, there are many online tutorials available that provide step-by-step instructions on how to use this feature.