10-07-2008 1:05 PM
Hello
what is principle difference between 'payment run' & 'payment lot' ?
by 'payment run' I understand all incoming payments and outgoing credits are settled
but doesn't payment lot also do that.
Thanks
10-07-2008 1:19 PM
Anshoo,
Payment Lot = Records Payments made in bulk.
Payment run = Too records Payments made in bulk
Difference
Payment lot = Usually u receive file from bank and post the items as a Lot <inbound file>
Payment run = U generate Payment run and send the file to the bank <outbound>
For Payment lot = Customer need not be on Direct Debit
For Payment run = Customer has to be on Direct Debit
For Payment lot = Payment can be thru chq/cash/cr card and Payment on account too can be posted
For Payment run = Payment is made only when the Customer is on DD and you cannot make payment unless there is either Open Invoice or BB line item
Hope this clears
Rgds
Rajendra
10-07-2008 1:19 PM
Anshoo,
Payment Lot = Records Payments made in bulk.
Payment run = Too records Payments made in bulk
Difference
Payment lot = Usually u receive file from bank and post the items as a Lot <inbound file>
Payment run = U generate Payment run and send the file to the bank <outbound>
For Payment lot = Customer need not be on Direct Debit
For Payment run = Customer has to be on Direct Debit
For Payment lot = Payment can be thru chq/cash/cr card and Payment on account too can be posted
For Payment run = Payment is made only when the Customer is on DD and you cannot make payment unless there is either Open Invoice or BB line item
Hope this clears
Rgds
Rajendra
10-07-2008 1:33 PM
Thanks
and how shall I differentiate a payment lot with a 'payment at cash desk' ?
a payment lot is also incoming payment and can be entered manually and so can a cash payment.
10-07-2008 1:37 PM
see the Doc header for the doc in FPE3.
Origin Key wud be different 05 for Pay lot and 15??? for cash desk payment I guess <do not have ISU with me now>
Refer DFKKKO table too
Rgds
Rajendra
10-19-2008 8:01 PM
Hi Anshoo,
The basic difference between payment lot and payment run is the party which initiates the payment.
In case of payment lot, the payment is initiated by the customer and upon receipt of paymnet it is posted through paymnet lot. The payment lot is posted through FP05 and FP25.
In case of payment run, the paymnent is initiated by the organisation. Payments like direct debit and cheque payments can be processed through payment run. The payment run is processed through FPY1.
Regards,
Ganesh