F A.

Creating Bills of Exchange The operation of creating Bank Bills transforms the nature of the credit from Receivables to Bank Bills. You create a BoE Portfolio for BoE that you are going to present at the bank.
Bills of exchange are created a certain number of days before the bill of exchange due date has been reached. It is not necessarily essential that the customer accepts the bill, since a general agreement between customer and vendor exists anyway. The bills of exchange are presented for discount or collection at the selected bank, where they are discounted or credited at the due date for collection (value date).

You can use the payment program to create bank bills. The program clears invoices with the payment method "Bank bill" and records the bill of exchange posting both in the special G/L account "Bank bills" and on the customer account. You can also post bank bills manually. However, if you want to include in subsequent process (step-B) for automatic selection of BoE for presentation, enter the payment method at the time of creating the BoE manually, enabling you to select bills of exchange via the payment method later on.

Use of the automatic payment program (F110)

1. Access the transaction choosing one of the following navigation options: SAP menu Accounting Financial Accounting Accounts Receivable Periodic Processing Payments

Transaction code
2.

F110

On the Automatic payment transactions: Status screen, make the following entries:

Field name Run Date Identificatio n

3.

Description

User action and values * *

Comment
e.g. todays date Identifying information

On the Automatic payment transactions: Parameter tab, make the following entries:

Field name Posting Date Docs Entered Up To Company Code Prmt Meths

Description

User action and values * *

Comment e.g. todays date e.g. todays date

1000 Payment Methods 2 select the payment method for Bill of Exchange

Next p/date

Next Posting Date

Customers Issue date

4. 5. 6. 7.

* all Customers

the day of the next posting date you want to run all Customers or a selection e.g. todays date

Choose Save Parameters (Ctrl+S). Confirm the dialog box. Choose the Status tab page. Choose Schedule Proposal (Shift+F1). On the Schedule Proposal screen, make the following entries:

Field name Start Date Start immediately

Description

User action and values * X

Comment e.g. todays date

8. Choose Schedule (Enter). The message Proposal run has been scheduled appears at the bottom of the window. 9. Choose for more than one time - Status (Shift+F2) to update the status.

10. As soon as the proposal run has been finished, this will be shown on screen Status. The message Payment proposal has been created appears. 11. Choose Schedule Payment Run. 12. On the Schedule Payment Run dialog box make the following entries:

Field name Description Start Date Start immediately

13. Then choose Schedule (Enter).

User action and values * X

Comment e.g. todays date

110 Creating Bills of Exchange in SAP The operation of creating Bank Bills transforms the nature of the credit from Receivables to Bank Bills. You create a BoE Portfolio for BoE that you are going to present at the bank.
Bills of exchange are created a certain number of days before the bill of exchange due date has been reached. It is not necessarily essential that the customer accepts the bill, since a general agreement between customer and vendor exists anyway. The bills of exchange are presented for discount or collection at the selected bank, where they are discounted or credited at the due date for collection (value date).

You can use the payment program to create bank bills. The program clears invoices with the payment method "Bank bill" and records the bill of exchange posting both in the special G/L account "Bank bills" and on the customer account. You can also post bank bills manually. However, if you want to include in subsequent process (step-B) for automatic selection of BoE for presentation, enter the payment method at the time of creating the BoE manually, enabling you to select bills of exchange via the payment method later on.

Use of the automatic payment program (F110)

1. Access the transaction choosing one of the following navigation options: SAP menu Accounting Financial Accounting Accounts Receivable Periodic Processing Payments

Transaction code
2.

F110

On the Automatic payment transactions: Status screen, make the following entries:

Field name Run Date Identificatio n

3.

Description

User action and values * *

Comment
e.g. todays date Identifying information

On the Automatic payment transactions: Parameter tab, make the following entries:

Field name Posting Date Docs Entered Up To Company Code Prmt Meths

Description

User action and values * *

Comment e.g. todays date e.g. todays date

1000 Payment Methods 2 select the payment method for Bill of Exchange the day of the next posting date you want to run all Customers or a selection e.g. todays date

Next p/date

Next Posting Date

Customers Issue date

4. 5. 6.

* all Customers

Choose Save Parameters (Ctrl+S). Confirm the dialog box. Choose the Status tab page. Choose Schedule Proposal (Shift+F1).

7.

On the Schedule Proposal screen, make the following entries:

Field name Start Date Start immediately

Description

User action and values * X

Comment e.g. todays date

8. Choose Schedule (Enter). The message Proposal run has been scheduled appears at the bottom of the window. 9. Choose for more than one time - Status (Shift+F2) to update the status.

10. As soon as the proposal run has been finished, this will be shown on screen Status. The message Payment proposal has been created appears. 11. Choose Schedule Payment Run. 12. On the Schedule Payment Run dialog box make the following entries:

Field name Description Start Date Start immediately

13. Then choose Schedule (Enter).

User action and values * X

Comment e.g. todays date