What is rule set for value date agreements in SAP FS-PE - Payment Engine?

SAP Term: rule set for value date agreements

• Component: FS-PE

• Component Name: Payment Engine

• Description: A collection of rules for value date agreements To determine a value date agreement, this rule set is processed sequentially until a rule is found whose conditions are all met, or until all the rules of the rule set have been checked.

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• Key Concepts: 
  A rule set for value date agreements is a feature of the SAP FS-PE Payment Engine component. It allows users to define rules for the calculation of value dates for payments. The rules are based on the payment method, currency, and country of origin. 
  
  How to use it: 
  To use the rule set for value date agreements, users must first define the rules in the system. This can be done by navigating to the Payment Engine configuration screen and selecting “Rule Set for Value Date Agreements”. From there, users can define the rules based on payment method, currency, and country of origin. 
  
  Tips & Tricks: 
  When defining rules for value date agreements, it is important to consider the different payment methods and currencies that may be used. This will ensure that all payments are processed correctly and efficiently. 
  
  Related Information: 
  For more information on the rule set for value date agreements, please refer to the SAP FS-PE Payment Engine documentation.