How to use F806 - Create Payment Request

F806 - Overview

• Transaction Code: F806

  Description: Create Payment Request

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FMFI_EU

    Package Description: IS-PS: Basics for Funds Management for EU

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM-PO

    Description: Funds Management-Specific Postings

F806 - Details

• SAP Tcode: F806 - Create Payment Request

  
  Overview:
  The SAP transaction code F806 is used to create payment requests in the SAP system. This transaction code is used to initiate payments for vendors, customers, and other external parties. It is also used to create payment requests for internal orders and projects. 
  
  Functionality: 
  The F806 transaction code allows users to create payment requests in the SAP system. This includes creating payment requests for vendors, customers, and other external parties. It also allows users to create payment requests for internal orders and projects. The payment request can be created with a variety of payment methods such as check, wire transfer, or electronic funds transfer (EFT). 
  
  Step-by-step How to Use: 
  1. Enter the transaction code F806 in the command field. 
  2. Select the type of payment request you want to create (e.g., vendor, customer, etc.). 
  3. Enter the relevant information for the payment request (e.g., vendor name, amount, etc.). 
  4. Select the payment method (e.g., check, wire transfer, EFT). 
  5. Enter any additional information that may be required (e.g., bank account details). 
  6. Submit the payment request for approval. 
  7. Once approved, the payment request will be processed and sent out to the relevant party. 
  
  Other Recommendations: 
  It is important to ensure that all relevant information is entered correctly when creating a payment request using F806 transaction code in order to avoid any delays or errors