Payment Method defined in payroll

would like to know what is the use of payment method ?What bank accounts need to be attached to the payment method of type cheque?
when does it require to create more than 1 payment method?Can some one give me a senario n explain how more than one Payment mmethod can be taken care as far as ledger and banks are concerned.
I have 2 types of payment methods
1.Checks/Cheques
2.Direct Deposit
how is it related with the company's Ledger?
Please help gurus!
Appreciate all!

would like to know what is the use of payment method ?What bank accounts need to be attached to the payment method of type cheque?
The attached to the bank where you pay your employees, usually the dame direct deposit bank.
when does it require to create more than 1 payment method? Can some one give me a senario n explain how more than one Payment method can be taken care as far as ledger and banks are concerned.
Simply, If you are paying the employees from different bank then you need to define a payment method for each one of them.
More complicated scenario are having more than one payroll each payroll has it’s own payment method.
I have 2 types of payment methods
+1.Checks/Cheques+
+2.Direct Deposit+
how is it related with the company's Ledger?
There is two types of costing:
1 – Costing, complete payroll amounts will be costed, paid and unpaid to employees.
2 – Costing of payments, only paid amounts will be costed

Similar Messages

  • APP Error : none of the payment methods defined for these items

    Sapgurus,
    I have posted a vendor invoice using F-43.
    P.key 25 vendor account
    P.key 50 bank account.
    I have selected the payment method as Check.
    So what I have posted is a vendor invoice for outgoing payment using T.Code F-43. Doc date -- Posting date -- B.line date entered - 08.06.2008
    Now I want them to be cleared using APP. So I have created an APP run to be scheduled on 10.06.2008 and which takes up all documents posted upto 09.06.2008. I have selected paying company code, payment method , vendor maintained print program RFFOUS_C variant.
    Now when I am doing the proposal run and then simultaneously the payment run. It is showing error that "none of the payment methods defined for these items" . Why is it so.
    and no payments are being posted.
    I checked in FBZP also that the paying bank is defined and in payment methods for that country check is there.
    Please reply asap..
    Thanks and regards,
    Priyajit

    Hello Ghosh,
    Please check the following things
    Customization:
    1. Define pay method at country & co.code
    2. Assign pay method to your vendor masters
    3. Define bank determination with the combination of pay method
    4. Have u assigned pay methods while positng business transactions
    APP run:
    1.Give your pay method
    2.If u have any exeptions, pl edit the proposal and reallocate your correct pay method and rerun
    this will helps you, if u have any querry pl revert
    thanks
    Para

  • Quick pays for employees that have a direct deposit payment method?

    Can you perform quick pays for employees that have a direct deposit payment method?

    Dear User,
    You can perform the activity, only pre-requisite is the the given employee should have a Direct Deposit Payment Method associated with him.
    So, when you perform Quickpay and Quickpay-Prepayment, it will take the Direct Deposit Payment Method.
    Otherwise, if your payment method is blank for the employee, the Quickpay-Prepayment will take the default Payment Method defined in your Payroll (Generally this is Cheque or Cash)
    Regards,
    Ameya

  • How to Attach a Payment Method to all employees automatically?

    Dear All,
    I have created a Payment Method (NACHA), this payment method has to be attached to all the employees?
    Is there any ways, Payment Method can be attached to all employees automatically?
    Or we should go to each employee and attach manually??
    Pls suggest me on this...
    Guru

    Hi Guru,
    As for NACHA, each employee would be having a different bank details, so you need to first create the data for employees, and then attach the payment method.
    By default you need not to attach personal payment method for each employee, as it by default it can take the values of default payment method defined in your payroll.
    But in case of NACHA, as bank details of the employees would also be needed, hence it is not recommended and you should use the API mentioned by vignesh.
    hr_personal_pay_method_api.create_personal_pay_method
    Cheers !!!
    SG

  • Personal payment method window

    Hey Oracle gurus,
    If you navigate to following:
    People >Enter & Maintain>(B)Assignment>Other>Payment Method
    You have a field called Bank Details I cannot view the LOV for this field.
    please can anyone help me to view the LOV same as the one that i am able to view for Bank Details field when i am defining a Payment Method in oraganisational payment method window ( Navigation: Payroll >Payment Methods ).
    Appreciate all your help!

    hey Mark,
    could you plz let me know as to how these employee payments (thru cheque) transactions might get posted to GL and later Cash management should auto generate the reverse journal.
    The reason why i am asking you this is because i have tried to attache those emps that are paid thru cheques as cheque in their payment method. now when i run post payroll processes (i.e. prepayment, cheque writer, costing, Transfer to GL Conc. requests). All goes well.
    Now what i feel is that there should be a reverse journal getting generated from cash management to GL or AP for Payroll payments , but its seems that this reverse journal is not getting generated by itself to balance the payroll transactions once the payment is made to all the employees.
    Please note i have not done the input in External/Manual payments window. i am not sure if this is required.plz help!
    So i am not really very sure if thats how it happens the above statement is just my personal perception, please correct me if i have understood wrongly.
    But i am sure there is something wrong with reverse journal not getting created could it be bcoz i have not entered the employees in the External Mannual Payment window?
    Appreciate all your comments/assistance.
    Regards
    Edited by: 594647 on Jan 21, 2009 11:33 AM

  • HT201359 how to remove a payment method

    how do u remove a credit card so u dont have any payment method?

    Hi Guru,
    As for NACHA, each employee would be having a different bank details, so you need to first create the data for employees, and then attach the payment method.
    By default you need not to attach personal payment method for each employee, as it by default it can take the values of default payment method defined in your payroll.
    But in case of NACHA, as bank details of the employees would also be needed, hence it is not recommended and you should use the API mentioned by vignesh.
    hr_personal_pay_method_api.create_personal_pay_method
    Cheers !!!
    SG

  • APP F110 error - no valid payment method found

    hi,
    i am excuting payment run for company code which is in India, country code IN , local currency is maintained as USD, there is no other currency assigned , I have done all the steps in the configuration.
    Please let me know why this may be occuring.
    Thanks very much.

    Hi,
    Please check payment method defined in the Vendor Master Data e.g. T for transfer, C for check.
    Regards,
    Santosh

  • Payment type and payment method

    Can anyone let me know what is payment type "S"?
    Is payment type and payment method one and the same?
    Thanks
    Shravan

    Hi,
    In addition to the SAP standard payment methods defined, each Company will set up Payment Methods as per their Business requirements. Payment Method "S" is defined by your company. You can check the description in the same transaction code OBVU.
    Thanks
    Murali.

  • Payment Method customer

    Hello together,
    how I can fix a Payment Method to a customer no.?
    We have some different Payment Method and we would fixed this, on the sales are data.
    Thanks for your help.
    Best regards
    Petra Schober

    Hi,
    Payment Methods can be defined at the following path :
    Administration > Setup > banking > Payment Methods window.
    After defining the Payment method goto the Business partner Master Data > Payment System tab
    in the right hand side box define the Payment Method defined and tick it as 'Include' and then click on checkbox "Set as Deafult"
    Then when the Sales Order is entered, the Payment Method defined for the Business Partner will appear in the Accounting tab of the Sales Order.
    Kind Regards,
    Jitin
    SAP Business One Forum Team

  • Expense Report Export  - Payment Method is invalid

    Hi all,
    We are using 12.1.3 . We entered data for creating invoices via Payables > Invoice > Entry > Expense Reports. After submitted Expense Report Export with source - Payables Expense Reports no invoices was created. We can see in Expenses: Export Results/JSP/ the error : Payment Method is invalid. Any idea how to debug this? We have already payment methods defined and their statuses are 'Active'.
    Thanks in advance,
    Bahchevanov.

    Hi all,
    When creating an employee we have checked the option each employee to be a supplier too. But when trying to find that employee as supplier/or even as employee/ we received no rows as result via Suppliers JSP... Any ideas how is that possible?
    Thanks,
    Bahchevanov.

  • AR dunning even if document has an incoming payment method

    Hi,
    Our company have a situation where we need to dun documents even if there's an incoming payment method defined either in the customer master or in the document.   I know that the SAP standard behaviour says its not possible to dun these documents.   But I am wondering if someone out there has managed or was able to get around this?
    In some SCN topics, it says that BTE 0365 can be used to achieve this.  That BTE says its for contract accounting but we are only using the regular AR module.   Moreover, I can only see BTE no. 1705 to 1770 but not 0365 (if there is such a BTE, may someone give me direction where I can find this?)
    I am more of a functional person rather than an ABAPer so I apologize if my question seems to be inane. 
    Appreciate all the help.  Thanks!
    BR,
    Tess

    Hi Tess,
    TCODE:FIBF. Entre BTE framework.
    Environment->Info system(P/S): These interfaces can be enhanced function requirement, but cannot change any data.
    Environment->Infosystem(Processes): These interface can be copied and enhanced. And can change table data and change parameter data.
    You saw 1705 to 1770 which are info system(P/S).
    You can check Infosystem(Processes) again.
    click on the interface button in the second tool line. You can see the parameter of interface.
    check the parameter which you need.
    Thanks,
    Yawa

  • Payment Method  Indicator

    Hi All,
    Can anybody explain the  importance and use of "Payment Method Indicator " in Transaction Type Dependent Control Sales as per Receipts in  POS Inbound .
    Thanks In Advance
    Sohan

    Hi,
    In certain cases retailers the vouchers (payment method) defined as articles. When you check this indicator, system will convert the item in to payment method for billing in the inbound. So the sale or use of these vouchers are identified by the system easily.
    hope his helps
    Suhail Shaik

  • Payment method in Contract Creation

    Hi,
    Was just wondering why the payment method i entered during contract creation (Goto > Header > Financial Accounting > Pmnt method) does not kick in during payment run. What happens is that the payment method defined in the master record is being used instead of the one i indicated. Kindly advise. Thanks.

    Hi,
    This is because when you are trying to release the Contract using OR......system first search for payment method u have assigned for the particular material assigned to particular contract customer.
    If nothing is available there only than system picks payment method from the contract.
    Hope it helps.
    Raj

  • No Payment Methods Linked to the BP

    We cannot get a payment wizard passed the step 5 "Payment Method Selection Criteria". The error "There are no payment methods linked to the BP" [504-36].
    We checked the Business Partner in question and a payment method has been added and selected on the "Payment System" tab.
    What are we not linking correctly that would cause this error?

    OK - related question
    I have 10k BPs in the system
    and I have 2 outgoing payment methods defined
    and 1 incoming payment method defined
    how can I quickly "activate" the payment methods for all BP's without having to re-import all 10k BPs using DTW?
    is there a script I could run that would activate (check the box) for all vendors - so that the payment methods will be active?

  • Configuration of ACH and WIRES as payment methods

    I chose the correct program in Classic Payment Medium which is RFFOUS_T to make payments by WIRES. When I go to paymetn run, in the proposal log I get the following messages:
    Due items with currency USD, pmnt method - items total is > 0
    Message no. FZ328
    ...none of the payment methods defined can be used for these items
    Message no. FZ347
    ... payment not possible because of reported error
    Message no. FZ311
    Information re. vendor 1000000/ paying company code ABCD ...
    Message no. FZ305
    payments by EDI / IDoc generation
    Message no. FZ797
    IDOcs were generated for the following entries
    Message no. FZ760
    Diagnosis
    A payment IDoc is created for each individual payment. The configuration settings governing this are made in the table containing the EDI-compatible house banks and payment methods.
    System Response
    The house banks and payment methods in question are displayed.
    I have done all the configuration correctly as far as setting up the pmt method. It also exists in vendor master. Where am I going wrong.
    My understanding is that when we use classic payment medium program for WIRES and ACH it is RFFOUS_T. Let me know if my understanding is corrrect? Is there any form that I need to define in SAPscript or any other configuration required from my part. Also if you can tell me how do we distinguish between ACH and WIRES because they use the same payment medium program RFFOUS_T.
    If anyone can provide me with step by step configuration of WIRES in SAP, it will help a great deal and will help me figure out where am I going wrong. Also i someone can tell me the difference in configuration of ACH and WIRES??
    Would like to thank in advance if my problem gets resolved and will definitely assign points.

    The need to define "wires" is purely business decession. If the users want to identify the vendors and restrict mode of payment to "wires" only, then you go for that.
    Just add this method to the vendor master data.
    reward if useful.
    sarma

Maybe you are looking for

  • Weblogic.servlet.reloadCheckSecs in web.xml not working

    Given the following web.xml file:           <!DOCTYPE web-app PUBLIC "-//Sun Microsystems, Inc.//DTD Web Application           1.2//EN" "http://java.sun.com/j2ee/dtds/web-app_2_2.dtd">           <web-app>           <context-param>           <param-na

  • Can't create a database connection

    I've downloaded and installed a trial version of BusinessObjects Edge BI to see if my company should use it, but I'm having a problem figuring out how exactly to create a connection to a database.  I've used the Windows (I'm running Windows 7) ODBC t

  • Sending an SMS or Mail to mobiles  through Oracle

    hi, We have created a proc through which we can send a mail to our MailId. but my requirement is we need to send this mail as an SMS to mobiles through oracle. Our code goes some thing like this: CREATE OR REPLACE PROCEDURE "EMAIL_ALERT" (v_From VARC

  • How to submit a report withour showing the ALV?

    Hi all, I need to make a submit (or any other suggestion is acepted) to the report rkeb0601 (trx KE24), get the result from that execution in an internal table or something, to create a diferent ALV output. I don't want to see the ALV that rkeb0601 i

  • Is there an application that will copy the content of a usb secretly?

    for example if i plug in a usb to my computer. and i want to copy all of it's content. without telling it to anything. and another that will speed up copying the content of a usb?