IHC1IP - Create Internal Payment Order

SAP Transaction Code - Details

• Transaction Code: IHC1IP

  Description: Create Internal Payment Order

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Supply Chain Management > In-House Cash > Account Management > IHC Payment Orders > Create Payment Order > Bank Transfer > Internal Payment Order

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FIN_IHC

    Package Description: Payment Order In-House Cash

    Parent Package: FIN_FSCM_IHC

  • Module/Component: FIN-FSCM-IHC

    Description: FSCM In-House Cash

Smart SAP Assistant

• SAP Tcode: IHC1IP - Create Internal Payment Order

  
  Overview:
  The SAP transaction code IHC1IP is used to create an internal payment order. This transaction code is used to transfer funds from one account to another within the same company. It is a part of the SAP Financial Accounting (FI) module. 
  
  Functionality: 
  The IHC1IP transaction code allows users to create an internal payment order for transferring funds from one account to another within the same company. This transaction code can be used to transfer funds from one bank account to another, or from one company code to another. It also allows users to specify the payment method, such as check, wire transfer, or direct debit. 
  
  Step-by-step How to Use: 
  To use the IHC1IP transaction code, follow these steps 
  1. Enter the transaction code IHC1IP in the command field. 
  2. Enter the company code and bank details of the source and target accounts. 
  3. Select the payment method and enter the amount to be transferred. 
  4. Enter any additional information, such as payment reference number or payment text. 
  5. Confirm the payment order and save it. 
  
  Other Recommendations: 
  It is recommended that users check all details carefully before confirming and saving the payment order created using IHC1IP transaction code. Additionally, users should ensure that they have sufficient funds in their source account before creating a payment order using this transaction code.