Payment Method Demand Draft in SAP
Dear SAP Experts,
I want to confirm about payment methods in general, I mean, I am configuring the listed below payment methods, please correct me if I am wrong conceptually.
1.Demand Draft(should i configure it as cheque)
2.Foreign Transfer ( should i configure it as bank transfer)
3.Domestic transfer( is it chq or bank transfer)
4.Letter of credit
Thanks in advance for your prompt reply.