Configure Payment Media

Question

Hi,
Could anybody please guide me about:
How can we Configure Payment Media? While running FPY1, in the job log it says u201Cno payment media were scheduledu201D. Please guide me.
Thanks and Regards

Answer 1

Hi Vashishth,
You create payment media if:
·        You want to transfer the data required for electronic payment transactions with banks in the form of a data medium
·        You want to issue checks
In Contract Accounts Receivable and Payable, you create payment media in the payment program
See SAP note 533686 for the settings in the note to payee.
    1.      In the payment run transaction, choose Environment -> Payment Media.
    2.      In the corresponding fields, define a variant for each of the payment media to be created or for   the payment list. Use the input help.
    3.      Save your entries.
To create your own variant for creating payment media, proceed as follows:
       1.      In the field Payment Medium Variant, enter the name of the variant that you wish to create.
       2.      Place the cursor on the variant name and choose Variant -> Maintain Variant.
       3.      Maintain the settings for screen assignment and choose Continue.
       4.      On the subsequent screen, define the required payment medium format.
       5.      In the Print Control area, set the indicator Data Medium Exchange to maintain the print parameters for the accompanying sheet, and the indicator Error Log to maintain the print parameters for the error log.
       6.      In the Output Control area, you can define the following settings:
                ¡        File Name: Name of the DME file if you output this in a file system of the application server. However, this output only takes place if you have set the indicator Output in File System.
               ii        Form Accompanying Sheet DME: Here you can define a different SAPscript form for the payment media format to the one defined in the system settings if you want to create an accompanying sheet for a DME file (see the Implementation Guide for Contract Accounts Receivable and Payable, Business Transactions ® Payments ® Incoming/Outgoing Payment Creation ® Define Specifications for Paying Company Code (Payment Media Formats in Company Code)).
              iii        You can also define the use of the ISO code for currencies.
              iv        If you set the indicator Texts in Recipient Language, the information forwarded to the bank for the customer account statement is output in the language defined in the business partner master record.
       7.      Choose the button  Attribute and enter the required meaning.
       8.      Save your entries.
In event 0699, you can start your own program/workflows or output additional logs once you have created the payment media. This event is processed once all payment media jobs started have been completed.
Using report RFKKPAYMJOBC you can get a current overview of the status of the payment media jobs and display job logs.
Hope this helps.
Regards,
Manish
Edited by: Manish  Bisht on Jun 26, 2009 8:35 AM