How to use FN_PAY_PROC_PAYOFF - Create Payoff from Overpayment

FN_PAY_PROC_PAYOFF - Overview

• Transaction Code: FN_PAY_PROC_PAYOFF

  Description: Create Payoff from Overpayment

  Release: S/4HANA and ECC 6

• • Program: RFVD_PAY_PAYOFF_PAYMENTS

    Screen: 1000

    Authorization Object:

  • Development Package: FVVD_PAYMENT_US

    Package Description: US Specific Payment Processing for Loans

    Parent Package: FVVD_ZBASIS

  • Module/Component: FS-CML-AC-RPM

    Description: Receivables/Payment Management

FN_PAY_PROC_PAYOFF - Details

• SAP Tcode: FN_PAY_PROC_PAYOFF - Create Payoff from Overpayment

  
  Overview:
  FN_PAY_PROC_PAYOFF is a SAP transaction code used to create a payoff from an overpayment. This transaction code is used to process the payment of an overpayment, which is an amount that exceeds the amount due for a particular invoice. 
  
  Functionality: 
  This transaction code allows users to create a payoff from an overpayment. This means that the user can process the payment of an overpayment, which is an amount that exceeds the amount due for a particular invoice. The user can also view the details of the overpayment and adjust the payment accordingly. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FN_PAY_PROC_PAYOFF in the command field. 
  2. Enter the details of the overpayment in the relevant fields. 
  3. Adjust the payment accordingly. 
  4. Confirm the payment and save it. 
  
  Other Recommendations: 
  It is recommended that users check all details carefully before confirming and saving the payment. Additionally, users should ensure that all relevant documents are available before processing the payment.