What is value date split in SAP FS-PE - Payment Engine?

SAP Term: value date split

• Component: FS-PE

• Component Name: Payment Engine

• Description: Distribution of the posting amount of a payment item to multiple value dates. The posting amount is, therefore, not included as a total amount, but is included as partial amounts on different dates in the interest calculation.

Smart SAP Assistant

• Key Concepts: 
  Value date split is a feature of the SAP FS-PE Payment Engine that allows users to split a payment into multiple payments with different value dates. This feature is useful for managing cash flow and liquidity, as it allows users to spread out payments over multiple dates. 
  
  How to use it: 
  To use the value date split feature, users must first create a payment order in the SAP system. Once the payment order is created, users can select the “Value Date Split” option from the menu. This will open a window where users can enter the desired value dates for each payment. Once all of the desired value dates have been entered, users can submit the payment order and the payments will be split accordingly. 
  
  Tips & Tricks: 
  When using the value date split feature, it is important to keep in mind that each payment must have a unique value date. Additionally, it is important to ensure that all of the payments are within the same currency and that all of the payments are within the same bank account. 
  
  Related Information: 
  For more information on how to use the value date split feature in SAP FS-PE Payment Engine, please refer to SAP’s official documentation on this topic. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.