What is return order in SAP FS-PE - Payment Engine?

SAP Term: return order

• Component: FS-PE

• Component Name: Payment Engine

• Description: The amount in the recipient item is returned to the ordering party of the originator bank.

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  Key Concepts: 
  A return order is a document used in the SAP FS-PE Payment Engine component to reverse a payment that has already been made. It is used to cancel an existing payment and return the funds to the original payer. The return order can be created manually or automatically, depending on the payment method used. 
  
  How to use it: 
  To create a return order, first select the payment document that needs to be reversed. Then, enter the necessary details such as the amount to be returned and the reason for the return. Once all of the information is entered, click “Create Return Order” to generate the document. 
  
  Tips & Tricks: 
  When creating a return order, make sure to double-check all of the details before submitting it. This will help ensure that the correct amount is returned and that there are no errors in the document. 
  
  Related Information: 
  For more information on using return orders in SAP FS-PE Payment Engine, please refer to SAP’s official documentation.