What is automatic payment program?

1.	What is automatic payment program?
Answer» Automatic Payment Program serves the purpose of posting accounts payable like payment to a vendor based on vendor invoices automatically, shortly termed as APP. It is used to find out due/overdue invoices and to process list of customer and vendor invoices to make payments in one go. APP can’t be used for all company codes from different countries. APP has below categories − Setup all company codes Setup paying company codes Payment method per country Payment method per country code Bank Selection House Bank

Answer»

Automatic Payment Program serves the purpose of posting accounts payable like payment to a vendor based on vendor invoices automatically, shortly termed as APP.

It is used to find out due/overdue invoices and to process list of customer and vendor invoices to make payments in one go. APP can’t be used for all company codes from different countries.

APP has below categories −

Setup all company codes
Setup paying company codes
Payment method per country
Payment method per country code
Bank Selection
House Bank

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What is automatic payment program?

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