The payment process consists of four steps:

1.Setting parameters: In this step, the following

questions are asked and

answered:

What is to be paid?

Which payment methods will be used?

When will the payment be made?

Which company codes will be considered?

How are they going to be paid?

2.Generating a proposal: The system starts the proposal

run after you have

entered the parameters. It generates a list of business

partners and open

invoices that are due for payment. Invoices can be blocked

or unblocked

for payment.

3.Scheduling the payment run: Once the payment list has

been verified,

the payment run is scheduled. A payment document is created

and the

general ledger and sub-ledger accounts are updated.

4.Printing the payment media: The accounting functions

are completed

and a separate print program is scheduled to generate the

payment media.