What is transaction type symbol in SAP FS-PE - Payment Engine?

SAP Term: transaction type symbol

• Component: FS-PE

• Component Name: Payment Engine

• Description: A symbol that enables all debit and credit operations to be specified and changed centrally for each item category, instead of in multiple clearing agreements.

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• Key Concepts: 
  Transaction type symbols are used in the SAP FS-PE Payment Engine to identify the type of payment transaction. They are used to differentiate between different types of payments, such as incoming payments, outgoing payments, and transfers. 
  
  How to use it: 
  Transaction type symbols are used in the SAP FS-PE Payment Engine to identify the type of payment transaction. They are used to differentiate between different types of payments, such as incoming payments, outgoing payments, and transfers. To use a transaction type symbol, you must first select it from the list of available symbols in the Payment Engine. Once selected, you can then enter the details of the payment transaction and submit it for processing. 
  
  Tips & Tricks: 
  When selecting a transaction type symbol in the Payment Engine, make sure to select one that is appropriate for the type of payment you are making. This will ensure that your payment is processed correctly and efficiently. Additionally, it is important to double-check all details before submitting a payment transaction to avoid any errors or delays in processing. 
  
  Related Information: 
  For more information on using transaction type symbols in the SAP FS-PE Payment Engine, please refer to the official SAP documentation or contact your system administrator. Additionally, there are many online resources available that provide detailed tutorials and guides on how to use this feature.