How to address Cash payment, ACH & Wire Transfer to Customers in SAP

Hi Experts,
I have requirement where customers make payments thru cash, ACH & Wire Transfer, could somebody let me know how to address this in SAP and what payments methods needs to be configured and how to use these payment methods and the entire process
Thanks in advance
Best Regards,
gj

Hi Madan,
Whenever you use FBCJ for postings, it has to be for Cash postings only. The Cash posting is default and you don't get the option to enter the cash GL. So, whenever you make postings in FBCJ, one leg has to be Cash A/c(Either DR. or CR.)
My question to you is, why would you like to post Vendor Invoice in FBCJ? You have FB60 to post Vendor Invoice which would post a Credit on vendor and your advance postings in FBCJ would have posted a Dr. on Vendor.
You just need to clear this Dr. and Cr. postings in T-Code F-44 and your transaction is complete. There is no need to try to post Vendor Invoice in FBCJ. Only & Only Cash transactions can be posted in FBCJ.
Hope this helps. If this has answered your query, please close the thread.
Regards,
Kavita

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I need to configure the system for Down payment to the vendor. I can use F-47 for posting the Down payment requests and this will be recognized by the Payment program (F110). I want to know how to handle Down payment through Wire transfers. Currently the client is using F-53 for Wire transfers. The issue is this does not recognize entries thru F-47.
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Thanks for your kind attention to the issue!..you will be promptly rewarded with points.

F-48: Down Payment to Vendor
Down Payment is a function that uses Special GL indicators.
Special GL Transactions allow the user to post the document to an alternative GL account instead of normal vendors reconciliation account. They are defined in Customizing for Vendors and Vendors reconciliation accounts.
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You can read the following links to understand the concept of ACH Payment methods (functional point of view):
http://vendors.conocophillips.com/payment/index.htm
http://www.shipamerican.com/setupfr/ACH.pdf
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http://en.wikipedia.org/wiki/Wire_transfer
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Hi Gaurav,
I have checked in SDN, Help.SAP.com. I have clearly mentioned that payment method is not setup for country for wire transfer. I am talking about FBZP. I have 2 methods 1. FBZP 2. F-53, I dont wnat to use FBZP, & For f-53 going forward I have to use f-53 which I dont want. Which is very much clear in my previous query
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Hi Sai,
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hi,
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Hi,
ACH - A provider of electronic funds transfer services in the United States, handling automated payments such as direct debit and direct credit.
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Hi
Think the below would be helpful:
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Assign points if useful

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dear friends
do any body know how to configure wire transfer in APP Pls, let me know it urgent for me if there any documentation on it it will be more helpful for me plz do it fast [email protected]
awaiting for you kind replys i want detailed configuration steps plzzzzz.

1) Setup the vendor master to have "W" (Wire) as the payment method.
2) Configure company codes, payment method "W' in company codes and bank determination in FBZP.
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Here is some documentation that might help.
[https://wiki.sdn.sap.com/wiki/display/ERPFI/PaymentProgram|https://wiki.sdn.sap.com/wiki/display/ERPFI/PaymentProgram]
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Please award points if this information is useful. If you have further doubts please post your doubts and I will try to answer.

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Hi,
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How to address Cash payment, ACH & Wire Transfer to Customers in SAP

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