What is acceptance request in SAP PSM-FM - Funds Management?

SAP Term: acceptance request

• Component: PSM-FM

• Component Name: Funds Management

• Description: Maps business transactions that involve incoming payments. Each acceptance request contains at least one FI document in which an FM account assignment and customer are assigned to an account. In contrast to the standard function delivered with the Financial Accounting component, an FI document is allowed to contain only one subledger account item.

Smart SAP Assistant

• Key Concepts: 
  An acceptance request in SAP Funds Management (PSM-FM) is a document that is used to request the approval of a payment or other financial transaction. It is typically used when a payment needs to be made to an external vendor or supplier. The acceptance request includes details such as the amount of the payment, the purpose of the payment, and any other relevant information. 
  
  How to use it: 
  In order to create an acceptance request in SAP Funds Management, the user must first enter the necessary information into the system. This includes the amount of the payment, the purpose of the payment, and any other relevant information. Once all of this information has been entered, the user can then submit the acceptance request for approval. 
  
  Tips & Tricks: 
  When creating an acceptance request in SAP Funds Management, it is important to make sure that all of the necessary information is included. This includes not only the amount of the payment and its purpose, but also any other relevant information such as contact details for the vendor or supplier. Additionally, it is important to double-check all of the information before submitting the acceptance request for approval. 
  
  Related Information: 
  For more information on acceptance requests in SAP Funds Management, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide detailed instructions on how to create and submit an acceptance request in SAP Funds Management.