Payment method wire and EFT

Hi,
We are already using EFT payment method. Do we need Wire type of pament method ? If yes , what are the possibe reasons.
What is the difference between the two?
Thanks.

Hi
Do you really need a wire transfer when EFT payment are beig made. Because as far as I know EFT is linked with internet portal being provided by the banker. Then where is the need for wire transfer.
Regards
Virendra Malik
Edited by: Virendra Malik on Nov 19, 2008 9:10 AM

Similar Messages

What is the different between payment methods Wire and EFT

Hi All
can anybody tell me What is the different between payment methods Wire and EFT ?
Regards ;

WIRE:
Wire is transfer of amount due directly to the supplier's bank it is an electronic transfer of funds
This mode of payment is used for international suppliers.
It can be paid in foreign currency or USD.
Wire payments are same day payments.
EFT:
EFT ensures funds transfer from one bank account to another using electronic links.
Can be used to make payments into domestic banks (within US) in USD only.
It is faster than check payments.
Hope this helps.

IDOCs not created for Payment method "P" and "B"

Dear Experts,
I have executed the Automatic Payment program for three payment methods (P,V and B - Foreign Currency) in one Run ID. Payment run was successful but it has created IDOCs for the documents / Vendors attached with payment method "V" but IDOCs were not created for the payment methods "P" and "B". I have checked the configuration relating to payment methods and those were assigned with Form details and the maximum amount is also defined in the payment methods.
Can any one suggest me where I had made the mistake / where I need to check the configuration settings.
Thanks a lot.
Regards,
Ramnath.

Hi Surya,
Please find below error log created while executing the Payment run for the issue.
Step 002 started (program SAPFPAYM_SCHEDULE, variant &0000000116195, user ID V-PIZHA)
Step 003 started (program RFFOEDI1, variant &0000003957078, user ID V-PIZHA)
Maintain an output device in your user master record
Job cancelled
Thanks and Regards,
Ramnath,
SAP FIMM Team

I was in America and you ship over Amercan store now I went to Egypt transformed from Amircan Store to Egypt Store remains the payment method dollar and of possible action Director of through Cards iTunes you if introduced Carte iTunes on your Director of

I was in America and you ship over Amercan store now I went to Egypt transformed from Amircan Store to Egypt Store remains the payment method dollar and of possible action Director of through Cards iTunes you if introduced Carte iTunes on your Director of ship dollar or is it to Amarcain only Even if there was a deal in dollars and there is the Director of word I want to answer quickly and thank you. Ihave reedem word

I'm not entirely sure what your post means. Whether gift cards will become available in Egypt I don't know, I'm just a fellow user, I don't know what Apple might or might not be planning. But as I said, gift cards are country-specific.
If you are in Egypt then you can only use the Egyptian store. From the US iTunes store terms of use (and other country's stores will be similar) :
The iTunes Service is available to you only in the United States, its territories, and possessions. You agree not to use or attempt to use the iTunes Service from outside these locations. Apple may use technologies to verify your compliance.

HT1904 how i can create apple ID. i tried my best but get failed, bec it asking for Payment method again and again

how i can create apple ID. i tried my best but get failed, bec it asking for Payment method again and again

If you don't want to give payment details then there are instructions on this page for how to create one (the instructions don't work for existing accounts) : http://support.apple.com/kb/HT2534 i.e. select a free app in the store and click on 'Create Apple ID' when 'buying' it

I had created my apple id from apple's site and now when i am trying to sign in to itunes ,i m being taken to payment method page and there is no option as 'none' and i dont have a credit card.What to do?

i had created my apple id from apple's site and now when i am trying to sign in to itunes ,i m being taken to payment method page and there is no option as 'none' and i dont have a credit card.What to do?

Unless you use the steps on this page when creating a new account : http://support.apple.com/kb/HT2534
then you will need to enter credit card details before the account can be used to download any item from the store.
If you don't have a credit card then you will need to create a new account, and follow those instructions. If you want to use the same email address then you will need to remove it from that account first e.g.by logging into it via the Store > View Account menu option on your computer's iTunes or via http://appleid.apple.com - you should then be able to use it on a new account.
Steps for creating an account on a computer's iTunes : https://discussions.apple.com/message/24321860#24321860

IT0009: payment method "cheque" and dynamic actions

Hello,
I need your help on this issue.
I have looking for answers on the different posts but i didn't found any similar problems.
For a customer, i have to settle, in case of departure (leaving) action , the creation in background of an infotype 0009 from infotype 0000 with payment method 'C' - Cheque and the BEGDA equal to the first day of the month. It is a payroll need.
The dynamics action is easy to do but i have an error which makes appears the infotype. Actually, the information City is mandatory in SAP standard (?) in case of payment 'C' - Cheque.
I did the test and when i create infotype 0009, the name of the person, from infotype 0002 i guess, is put in the field but not the adress, city and postal code. If i select payment cheque, an errror alerts me that the city is mandatory for this payment method. If i put something, no problem, but i would like to automate it and retrieve data from IT0006. That is strange is when i delete the payee information (last and first name field) and validate the screen, no more error, even if i select payment cheque. And if i save and go back on the record, data from IT0006 (city, postal code and payee) have been automatically put in the infotype.
I would like to reproduce the same thing by the dynamic action but i can't access these fields because they are not part of the P0009 table but the Q0009 structure and i don't access it through dynamic action
Do you have some experiences to share on this topic ?
Thanks in advance.

hi
To replace a check or to create a check instead of a bank transfer, the system must be able to access the
correct payment method. The standard system contains predefined payment methods. However, you can
also specify your own values.
The standard system contains the following methods of payment:
- C (Check)
- D (Transfer)
- M (Check with manual assignment of check number)
Reward points

Payment Method- Wire transfer

Hi,
Payment menthod for country is not setup for wires, but it is there for check. Is this only through configuration, or something I can do?.. I am lookin for the solution apart from payment method configuration & using F-53, Is there any other way to proceed further.

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
I have already read the Rules of engagement before posting. Thanks
Regards
Sathish

HT201304 I can't buy any application on itunes in my iphone, i must verify payment method everytime, and it doesn't work... What's wrong?

Few days ago untill now, i want to buy some application from my iphone4s. Unfortunely, everytime i want to buy it, i must verify my account payment and fill the blank for security code, expired month & year of the credit card that i use. After i filled it as they want, the itunes said that my payment method was declined.
I call the customer service of my credit card, they said nothing wrong with my credit card. My credit card type is Visa, it's fine, it's working properly.
So why, i still can't buy application from itunes untill now? Hope you guys can give me solutions.
Best regards

That one's consistent with disk/file damage. The first thing I'd try with that is running a disk check (chkdsk) over your C drive.
XP instructions in the following document: How to perform disk error checking in Windows XP
Vista instructions in the following document: Check your hard disk for errors
Windows 7 instructions in the following document: How to use CHKDSK (Check Disk)
Select both Automatically fix file system errors and Scan for and attempt recovery of bad sectors, or use chkdsk /r (depending on which way you decide to go about doing this). You'll almost certainly have to schedule the chkdsk to run on startup. The scan should take quite a while ... if it quits after a few minutes or seconds, something's interfering with the scan.
Does the chkdsk find/repair any damage? If so, can you get an install to go through properly afterwards?

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.

RTGS AND NEFT Payment method Through Automatic Programe

Hi Experts,
We are on the process of implementing automatic payments . Client requirement is , they wants to payment through RTGS/NEFT through automatic payment programme. Means when they run payemnt programe for the particular period through RTGS payment is done.
can you please tell me how can i configure this..
Thanx is advance

Hi,
I did not understand your requirements! CAn you please elaborate it a little bit more?
What is RTGS/NEFT ? Is it the format of DME to be sent to the bank? If so, this is configured in FBZP. Almost all of the settings for the f110 program are configured in transaction FBZP. YOu have to define the payment method settings and the bank settings.
Regards,
Renan Correa

Vendor's payment due analysis - Payment method wise

Hi Sapients,
We currently use transaction S_ALR_87012078 to analyse what vendors are due and payable at any given date. At the moment this cannot (or we don't know how) get this split by payment method T (EFTs) and C (Cheques).
Is this something that can be done in the same report or some another report there for the purpose?
Rgds,
BABA

Hi VVR,
Please note that while creating the vendor invoice thru FB60 / MIRO, we do not put the payment method there and even we don't want to put as we have the Automatic payment program F110 in place. The way you are saying will only be possible when the payment method appears in invoice document which does not happen in our case.
Rgds,
BABA

F.13 with payment method

Hello Guru
My client is doing payment outside of SAP but same time client is looking to do clearing in SAP without any payment medium (just a dummy clearing) for specific Payment method(wires) .My initial thought is to schedule F.13 .Is this a correct way or there is any more better workaround ?

Hi Deepali,
F.13 works when you have Debit and Credit .
It looks like in your current scenario there will not be any debits posted..
I will say that you create a Dummy GL Account assign it in FBZP and run F110 for all vendor..this will be easier for clearing..This will clear Vendor and move balance to Dummy GL Account.
Br,Vivek

Automatic payment program - error No permitted payment method exists

Hi All,
I am doing the automatic payment run and done all the necessary config in FBZP.
1) Created the payment program at country level and assigned payment program
2) Created the payment method at company code level for check and assign the Check Form
3) Coming to Bank determination:
   a) Ranking order : given the payment method(A -> Check) ,currency(MYR), ranking order (1) and assigned to house bank (CIMB)
   b) Bank accounts : given house bank , payment method ,currency, account ID and clearing account number.
4) assigned the payment method (A) in vendor master.
when i run the payment run for the vendor in F110 for company code system hitting below errors:
> -
Payment method selection additional log----
> Payment method selection for items due now to the amount of MYR      112,909.38-
> Payment via payee/payer 0550000008
> Payment method "A" is being checked
> Payment with 28 print items, only 16 are allowed
> No permitted payment method exists
Information re. vendor 500000598 / paying company code 0546 ...
......payment not possible because of reported error
End of log
Job finished
please can any body help me on this. I done the same config in DEV and QAS. there working fine with out any issue.   but coming to PRD its giving problem. i double confirm the config in DEV to pRD every thing fine and same.
thanks.
Sandhya.

Hi...
I did check the 1) vendor address -> No gaps
2) My one is check printing not bank transfer
3) I did check all the vendor line items no payment blocks. user already unblock the relevent item to make payment.
Here weird thing is system hitting the same above mentioned error even I updated the payment method(C) and house bank (CIMB) in each and every line item of vendor invoice.
Thanks,
Sandhya.

Vendor specific payment method in FB60

Hi,
We are having the requirement like below.
In FB60 transaction code. For the given vendor in payment(tab) field payment method. When we click on F4 button on payment-method pop-up should come up with the payment methods specified for that particular vendor.
ex: For vendor 100055 payment methods C and F are maintained.
So, in FB60 t-code when I click on F4 button on payment method field it should show C and F are the payment methods for the vendor 100055.
pls help me how to get this requirement...
Regards,
vinod

Not resolved.

Payment method wire and EFT

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