How to use O7L9 - Settings for Payment Release

SAP Transaction Code - Details

• Transaction Code: O7L9

  Description: Settings for Payment Release

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FB0C

    Package Description: Financial Accounting customers

    Parent Package: APPL

  • Module/Component: FI-AR-AR

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: O7L9 - Settings for Payment Release

  
  Overview:
  The SAP transaction code O7L9 is used to set up payment release for vendor invoices. This code allows users to define the criteria for when a vendor invoice should be released for payment. 
  
  Functionality: 
  The O7L9 transaction code allows users to set up payment release criteria for vendor invoices. This includes setting up the payment terms, the payment method, and the payment block. The payment terms define when the invoice should be paid, the payment method defines how the invoice should be paid, and the payment block defines any restrictions on when the invoice can be paid. 
  
  Step-by-step How to Use: 
  1. Enter transaction code O7L9 in the command field. 
  2. Select “Create” to create a new payment release criteria. 
  3. Enter a name for the criteria in the “Name” field. 
  4. Enter the payment terms in the “Payment Terms” field. 
  5. Select a payment method in the “Payment Method” field. 
  6. Select a payment block in the “Payment Block” field. 
  7. Select “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all of the criteria entered is accurate and up-to-date before saving your changes. Additionally, it is recommended that users review their settings regularly to ensure that they are still valid and relevant for their business needs.