What is 'turnaround letter' in SAP IS-PS-CA - Public Sector Contract Accounts Receivable and Payable?

turnaround letter - Overview

• Component: IS-PS-CA

• Component Name: Public Sector Contract Accounts Receivable and Payable

• Description: A letter that is automatically sent in response to an incoming document that is incomplete or incorrect.

turnaround letter - Details

• 
  Key Concepts: 
  A turnaround letter is a document used in the IS-PS-CA Public Sector Contract Accounts Receivable and Payable component of SAP. It is used to inform a customer that their payment has been received and that the invoice has been processed. The turnaround letter also serves as a receipt for the customer. 
  
  How to use it: 
  The turnaround letter is generated automatically when a payment is received and the invoice is processed. The customer will receive the letter via email or post, depending on their preference. The turnaround letter will include details such as the invoice number, payment amount, and date of payment. 
  
  Tips & Tricks: 
  It is important to ensure that the turnaround letter is sent promptly after payment is received and the invoice is processed. This will help to ensure that customers are kept informed of their payments and that they are satisfied with the service they receive. 
  
  Related Information: 
  The turnaround letter is part of the IS-PS-CA Public Sector Contract Accounts Receivable and Payable component of SAP. Other features of this component include invoicing, payment processing, and reporting.