How to use F8REV - Cancellation of Payment Requests

SAP Transaction Code - Details

• Transaction Code: F8REV

  Description: Cancellation of Payment Requests

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Banks > Outgoings > Online Payments > Reverse Payment Requests

• • Program: RFIBLOPAYREV

    Screen: 1000

    Authorization Object:

  • Development Package: FIBL_OPAY

    Package Description: Create Payments Online

    Parent Package: APPL

  • Module/Component: FI-BL-PT

    Description: Payment Transactions

Smart SAP Assistant

• SAP Tcode: F8REV - Cancellation of Payment Requests

  
  Overview:
  The SAP transaction code F8REV is used to cancel payment requests in the SAP system. This transaction code is used to reverse the payment requests that have already been created and released. It is important to note that this transaction code cannot be used to cancel payment requests that have already been processed. 
  
  Functionality: 
  The F8REV transaction code allows users to cancel payment requests that have been created and released in the SAP system. This transaction code can be used to reverse the payment requests, but it cannot be used to cancel payment requests that have already been processed. 
  
  Step-by-step How to Use: 
  1. Enter the F8REV transaction code in the command field. 
  2. Select the payment request you want to cancel from the list of available payment requests. 
  3. Enter the reason for cancellation in the “Reason for Cancellation” field. 
  4. Click on “Cancel” button to confirm the cancellation of the payment request. 
  5. The payment request will be cancelled and a confirmation message will be displayed on the screen. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used when absolutely necessary, as it can cause confusion and delays in processing payments. Additionally, users should always double-check that they are cancelling the correct payment request before confirming the cancellation.