functionality of p2p

[Former Member]

HI,

experts

could some one explan the functnality and configuration steps for p2p

surya

[AmlanBanerjee · Accepted solution]

Hi,

P2P is a ECC6 functionality and is basically an enhanced version of instalment plans.

Through P2P you can do payment instalments and payment deferrals thru one single screen.

The basic configuration for P2P is as follows-

Financial Accounting ->Contract Account receivable & payable->Business Trnsactions->Promise to pay->

However, if you want to customise P2P, event 0182 to event 0189 will be helpful.

There is one valuation run (FP2P) also which happens for P2P, which basically cancels the P2P for unpaid items.

Please refer to the following thread as well-

Hope it helps

Thanks,

Amlan

[former_member190606]

Hello Surya,

The minimum config requirement of P2P is that you have to maintain the following entries :

i) P2P categories

ii)Reason for creation

iii) Default specifications for P2P

In P2P categories you can assign interest keys if you want to post interest on unpaid installments, calendar id based on which due dates must be calculated, charge type if you want to post charges against creation of P2. You can also cause creditworthiness rating to decrease in case of an unpaid installment

Hope this helps!