About this document
Lockbox Processing in SAP Overview by kmbraj is a document available to read on EtoBox.
The document discusses lockbox processing in SAP. Lockbox allows customers to send payments directly to a bank, who collects the payments and provides payment data to the company. SAP lockbox processing involves uploading this payment data file from the bank and using it to automatically post payments against open invoices in two steps - an initial posting and a correction step. Key aspects of lockbox include matching payments to invoices by number, customer account, and amount.
- Author
- kmbraj
- Language
- EN