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Federal Government: Interest Penalty Reason Code (New) ( RELNPSM_20_PPA_RC )

Federal Government: Interest Penalty Reason Code (New) ( RELNPSM_20_PPA_RC )

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Short text

Federal Government: Interest Penalty Reason Code (New)

Use

As of SAP R/3 Enterprise Public Services 2.0, the Federal Government solution includes a new function designed to enable government agencies to assign the interest penalty reason code online. On the Details tab at the header level of an invoice, a new field has been provided that enables the user to record the "Reason for delay".

As in previous releases, you can assign each invoice document with penalties a reason code, identifying the reason why the document was paid late. Now you can include uncleared or cleared invoices with or without penalties.

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

Standard Prompt Payment Act (PPA) customizing required.

In addition, you can maintain reason codes that identify the reason for late payment (with penalties).

Further Information






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