SAP Transaction F110 - Automatic Payment Run

Introduction

This tutorial provides a step-by-step guide on how to execute an automatic payment run using Transaction F110 in SAP ECC6. Whether you are new to SAP or looking to refine your skills in the Accounts Payable process, this guide will help you navigate through the essential steps involved in the automatic payment run.

Step 1: Understand the Procure-to-Pay Process

Before diving into transaction F110, it's important to understand where it fits within the larger Procure-to-Pay (P2P) process. The P2P process encompasses the entire workflow from purchasing goods or services to making payments to suppliers. Transaction F110 automates the payment process, streamlining operations and improving efficiency.

Step 2: Review Open Items with Transaction FBL1N

1. Access Transaction FBL1N: This transaction allows you to view vendor account balances and open items.
2. Set Parameters:
   • Enter the vendor account number.
   • Specify the company code and any relevant date ranges.
3. Analyze Open Items:
   • Review the list of open items to ensure that only valid invoices are included in the payment run.
   • Pay attention to due dates and amounts owed.

Step 3: Execute the Automatic Payment Run with Transaction F110

1. Access Transaction F110: Enter the transaction code F110 in the command field.
2. Set Up Parameters:
   • Selection Variant: Choose or create a selection variant to define the parameters for the payment run.
   • Payment Method: Specify the payment method (e.g., check, electronic transfer).
   • Company Code: Enter the relevant company code for the payments.
3. Schedule the Payment Run:
   • Click on "Schedule" to define when the payment run should occur.
   • You can choose to simulate the run first to ensure accuracy.
4. Review Proposal:
   • After scheduling, review the payment proposal generated by SAP.
   • Verify the details and make any necessary adjustments.
5. Execute Payment Run:
   • Once satisfied with the proposal, execute the payment run.
   • Confirm the execution and check for any error messages.

Step 4: Review Post-Payment Run with Transaction FBL1N

1. Re-access Transaction FBL1N: After the payment run, return to FBL1N to verify the results.
2. Check Vendor Accounts:
   • Confirm that the open items have been cleared as expected.
   • Review any remaining balances or discrepancies.

Conclusion

This guide has outlined the key steps to successfully conduct an automatic payment run using transaction F110 in SAP. By following these steps, you can efficiently manage vendor payments and maintain accurate financial records. As a next step, consider practicing these processes within a test environment to enhance your proficiency before applying them in a live setting.