How to use VYZ1 - Customizing: Payment Frequency

SAP Transaction Code - Details

• Transaction Code: VYZ1

  Description: Customizing: Payment Frequency

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: ISCDFUN

    Package Description: FS-CD: Collections/Disbursements Functionality

    Parent Package: FS-CD

  • Module/Component: FS-CD

    Description: Collections/Disbursements

Smart SAP Assistant

• SAP Tcode: VYZ1 - Customizing: Payment Frequency

  
  Overview:
  The SAP transaction code VYZ1 is used to customize the payment frequency of an organization. This code allows users to set up the payment frequency for different types of payments, such as invoices, salaries, and other payments. It also allows users to set up the payment terms for each type of payment. 
  
  Functionality: 
  The VYZ1 transaction code enables users to customize the payment frequency for different types of payments. This includes setting up the payment terms for each type of payment, such as invoices, salaries, and other payments. The code also allows users to set up the payment frequency for each type of payment. This includes setting up the number of days between payments, as well as the number of payments per year. 
  
  Step-by-step How to Use: 
  To use the VYZ1 transaction code, users must first log into their SAP system. Once logged in, they should navigate to the “Customizing” tab and select “Payment Frequency” from the drop-down menu. From there, they can enter the desired payment frequency and terms for each type of payment. Once all settings have been entered, users can save their changes and exit the transaction code. 
  
  Other Recommendations: 
  When using the VYZ1 transaction code, it is important to ensure that all settings are correct before saving them. Additionally, it is recommended that users review their settings periodically to ensure that they are still accurate and up-to-date. Finally, it is important to note that this transaction code should only be used by experienced SAP users who understand how to properly configure payment frequencies and terms.