What is capture type in SAP SRD-FIN-MOP - FIN-Payment Management?

SAP Term: capture type

• Component: SRD-FIN-MOP

• Component Name: FIN-Payment Management

• Description: The means used to capture credit card data, for example by a card reader or over the telephone.

Smart SAP Assistant

• Key Concepts: 
  Capture type is a feature in the SAP SRD-FIN-MOP FIN-Payment Management component that allows users to define the type of payment capture they want to use. It is used to determine how payments are processed and how they are recorded in the system. The capture type can be set to either manual or automatic, depending on the user's preference. 
  
  How to use it: 
  To use the capture type feature, users must first select the payment method they want to use. Once this is done, they can then select the capture type from the drop-down menu. Depending on the payment method chosen, different capture types may be available. For example, if a user chooses a credit card payment method, they may be able to choose between manual and automatic capture types. 
  
  Tips & Tricks: 
  When selecting a capture type, it is important to consider how quickly payments need to be processed and recorded in the system. If payments need to be processed quickly, then an automatic capture type may be more suitable. However, if accuracy is more important than speed, then a manual capture type may be more appropriate. 
  
  Related Information: 
  For more information about the capture type feature in SAP SRD-FIN-MOP FIN-Payment Management, please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.