Payment Medium Workbench

  ⇒ PMW is used to create payment media. The user is provided with a generic payment medium program for all payment medium formats whose variants are to be entered in Customizing. The user can create the structure of the note to the payee and choose different notes to the payee according to their origin (vendors, customers,personnel, travel expenses, treasury, online payments, and so on). Developers, consultants, and system administrators have simple tools for changing delivered formats without modification or setting up new formats. Well-known development tools (Data Dictionary,Function Builder, and so on) and the new Data Medium Exchange Engine (DMEE) are integrated, enabling PMW to function like a workbench.

⇒  Simple, modification-free options for adjusting delivered formats to meet customer or bank requirements (including individual selection parameters for the payment medium program). Simple tools for creating new formats (no programming experience required to use the DMEE). Customizing to structure the note to the payee. Standardized creation of advice notes with the new RFFOAVIS_FPAYM program. Improved performance, especially for large payment runs

⇒  A payment method becomes a PMW payment method in only four steps:
o   The payment medium format is assigned to the payment method after you have determined that you want to use PMW. You may have to enter a substitute format.
o   The note to the payee is assigned to the payment method by origin. Here you can use the examples provided by SAP: SAMPLE 02 as the note to payee for FI-AP and        FI-AR and SAMPLE 00 for all others (origin remains blank), for example.
o   You enter the form for the accompanying sheet provided by SAP in the payment method for each company code (under Next Form).
o   And finally, you must create and assign selection variants

⇒  Additional info on PMW
o   Set the PMW payment medium formats
o   Release information on PMW
o   Documentation on the generic payment medium program
o   Integration of check management in PMW
o   Creation of cross-payment run payment media
o   PMW connection to online payments

Conversion Steps for a Payment Method:
 o   Switch to PMW (radio button) in the payment method definition/country.
 o   Enter an existing PMW format in the payment method definition/country. Hint: Note the documentation buttons for the PMW and the individual PMW format.
 o   Assign notes to payee (general and/or origin specific) to the payment method definition/country (for example, SAMPLE 02 for origin FI-AP and FI-AR)
 o   Assign a PMW form for accompanying sheets
 o   Remove the form for document-based payment medium (if you have not already done so)
 o   Create and assign selection variants for each payment group

⇒  When the payment media are created for a payment with a PMW payment method, the program SAPFPAYM_SCHEDULE is launched.

⇒  This first carries out a pre-service. The pre-service processes the data supplied by the payment runagain specifically for the PMW:
o   The payments are sorted according to PMW format and other format-specific fields.
o   Payment groups are created based on the level of granularity (one payment medium file isusually created later for each group).
o   The note to payee is formed

 ⇒  The granularity is specified in the definition of the payment medium format and determines how the payment media are to be output separately in payment groups. A payment group usually corresponds to one payment file.
⇒  Every PMW format (with or without a supplement) has up to three types of text fields for reference information (text box on the left in the PMW Format graphic above).

 o   Type 1: Invoice information (classic note to payee)

 o   Type 2: Internal reference (in case the payment media is returned)

 o   Type 3: External reference (for the business partner)

2 thoughts on “Payment Medium Workbench

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s