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

SAP Term: value date time

• Component: FS-PE

• Component Name: Payment Engine

• Description: Time at which, for example, interest is credited or debited to the customer bank account. The value date time is used for intraday interest calculation only.

Smart SAP Assistant

• Key Concepts: 
  Value date time is a component of the SAP FS-PE Payment Engine. It is the date and time when a payment is due to be made or received. This date and time are determined by the payment terms of the transaction, such as the payment period, payment method, and other factors. 
  
  How to use it: 
  The value date time is used to determine when a payment should be made or received. It is important to ensure that payments are made on time in order to avoid any penalties or late fees. The value date time can be set manually or automatically based on the payment terms of the transaction. 
  
  Tips & Tricks: 
  It is important to keep track of the value date time for each transaction in order to ensure that payments are made on time. Additionally, it is important to ensure that the value date time is set correctly in order to avoid any penalties or late fees. 
  
  Related Information: 
  The value date time is related to other components of the SAP FS-PE Payment Engine, such as payment terms, payment period, and payment method. Additionally, it is related to other financial concepts such as interest rates and exchange rates.