What is rejection control in SAP FS-PE - Payment Engine?

SAP Term: rejection control

• Component: FS-PE

• Component Name: Payment Engine

• Description: See the context information.

Smart SAP Assistant

• Key Concepts: 
  Rejection control is a feature of the FS-PE Payment Engine in SAP that allows users to control the rejection of payments. It enables users to define rules for rejecting payments based on certain criteria, such as payment amount, payment type, and payment date. This helps to ensure that only valid payments are processed and that any invalid payments are rejected. 
  
  How to use it: 
  To use rejection control, users must first define the criteria for rejecting payments. This can be done by setting up rules in the FS-PE Payment Engine. Once the rules have been set up, the system will automatically reject any payments that do not meet the criteria. 
  
  Tips & Tricks: 
  When setting up rules for rejection control, it is important to ensure that all relevant criteria are taken into account. This will help to ensure that only valid payments are processed and that any invalid payments are rejected. Additionally, it is important to regularly review and update the rules to ensure they remain up-to-date. 
  
  Related Information: 
  For more information on rejection control in SAP, please refer to the official SAP documentation on FS-PE Payment Engine. Additionally, there are many online resources available that provide further information and tips on using rejection control in SAP.