Define Payment Methods
Use
In the SAP Best Practices for HCM
USA the standard delivered entries for Payment Methods are used. It is recommended that no modifications be made in this area in order to avoid unnecessary configuration in further steps.
Procedure
1.Access the activity using one of the following navigation options:
IMG Path
| Personnel Management ® Personnel Administration ® Personal Data ® Bank Details ® Define payment method
|
Transaction Code
| OBVU
|
2.On the Customizing: Maintain Payment Program screen choose the Pmnt methods in company codes ****on.
3.On the Change View “Maintainence of Company Code Data for a Payment Method”: Overview screen, choose the New entries ****on and enter the following values:
Pay Method
| Payment Method Text
|
C
| Check
|
P
| Bank transfer (ACH PPD)
|
T
| Transfer (Direct Deposit)
|
4.Choose Save.
Payment Methods are defined for both the Country and Company. In SAP Best Practices for HCM USA Company code BP01 has been defined. Once the client has defined their company ensure that the correct payment methods are attached to the company code.
Payment type ‘T’ was added in SAP Best Practices for HCM
USA in the event that the customer requires payroll payments to be sorted differently than their Accounts Payables.