APP: updating payment details

[Former Member]

hi,

The client is using APP for making payment.

For cheques issued, the cheque numbers are maintained in the payment document during APP run.

But for payments made by RTGS, NEFT (online payment methods in Indian scenario) the bank sends back a reference number for the transaction once the transaction is confirmed by the RBI.

In these cases, the details are not available at the time of APP as the bank sends the transaction number on the the next day.

Seek your inputs on,

1) how to update the payment reference number in the payment document?

2) What will be the impact on bank recon (will this ine item be cleared automaticlly or it has to cleared manually)

Thanks

Sree

[Former Member]

Hi,

For RTGS and NEFT payments Bank Reference Number will be provided only in the reverse file coming from the Bank. Now u can update this reference in SGTXT field in BSAK table or u can use Assignment Number field in the same table.. During reconciliation u can use algorithm for clearence.

Check if it helps.

Regards

Srikanth.

[Former Member]

Thanks srikanth, will try the BRS and revert

Sree