What is Credit Card Authorization Runs in SAP SRD-CRM-INV - CRM-Customer Invoice?

SAP Term: Credit Card Authorization Runs

• Component: SRD-CRM-INV

• Component Name: CRM-Customer Invoice

• Description: A work center view that allows you to schedule and monitor credit card authorization runs for sales or service orders. Once the card has been authorized, the payment is guaranteed.

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• Key Concepts: 
  Credit Card Authorization Runs are a feature of SAP Customer Invoice Management (CRM-Customer Invoice Management) that allows customers to authorize credit card payments for invoices. This feature allows customers to securely and quickly authorize payments for invoices, reducing the time and effort required to process payments. 
  
  How to use it: 
  To use Credit Card Authorization Runs, customers must first set up their credit card information in the SAP system. Once the credit card information is set up, customers can then authorize payments for invoices by selecting the “Credit Card Authorization Run” option in the SAP system. The system will then process the payment and provide a confirmation of the payment authorization. 
  
  Tips & Tricks: 
  When setting up credit card information in the SAP system, it is important to ensure that all information is accurate and up-to-date. This will help ensure that payments are processed quickly and securely. Additionally, customers should be aware of any fees associated with using Credit Card Authorization Runs, as these fees may vary depending on the payment processor used. 
  
  Related Information: 
  For more information on Credit Card Authorization Runs, please refer to the SAP Help documentation or contact your local SAP representative. Additionally, customers may find it helpful to review any applicable terms and conditions associated with using Credit Card Authorization Runs before authorizing payments.