What is target item in SAP FS-PE - Payment Engine?

SAP Term: target item

• Component: FS-PE

• Component Name: Payment Engine

• Description: The recipient of a payment order transaction.

Smart SAP Assistant

• Key Concepts: 
  Target item is a term used in the FS-PE Payment Engine component of SAP. It is a type of payment document that is used to record the details of a payment transaction. It contains information such as the amount, currency, and payment method. The target item is used to track the payment process and ensure that the payment is made correctly. 
  
  How to use it: 
  The target item is created when a payment document is created in SAP. The target item contains all the necessary information about the payment transaction, such as the amount, currency, and payment method. The target item can then be used to track the progress of the payment process and ensure that it is completed correctly. 
  
  Tips & Tricks: 
  When creating a target item in SAP, it is important to ensure that all the necessary information is included. This includes the amount, currency, and payment method. Additionally, it is important to double-check that all of the information is correct before submitting the target item for processing. 
  
  Related Information: 
  The FS-PE Payment Engine component of SAP also includes other features such as payment authorization and reconciliation. Additionally, there are other components of SAP that can be used to manage payments, such as the Cash Management component.