SAP’s advanced payment management module is a key component of the SAP S/4HANA payment landscape. This expertly written guide provides SAP consultants, users, and IT support staff with a detailed overview of advanced payment management and the functionalities supported. Walk through the supported scenarios, review key confi guration and master data, and learn some useful tips and tricks for using the advanced payment management module.Dive into the details of advanced payment management, including the architecture, high-level scenarios, and product license requirements. Take a closer look at master data and confi guration, including clearing area, payment order, SLA, routing agreement, converter, and in-house banking. Look at detailed scenarios supported by advanced payment management and in-house banking, including Payments ‘In Name Of’ – Forwarding, Payments ‘In Name Of’ – With Routing, intercompany payments, Payments ‘On Behalf Of’, and centralized incoming payments. Learn how advanced payment management integrates with other modules. Using both SAP S/4HANA Cloud Private Edition (PCE) and Public Cloud system screenshots and example scenarios, the authors cover: Introduction to SAP advanced payment management Advanced payment management and in-house banking supported scenarios Configuration and master data setup in both SAP S/4HANA Cloud Private Edition (PCE) and Public Cloud Accounting entries, helpful apps, transaction codes, authorization objects, and security roles
