Attention!
Dear PSL contributor, you will not be able to create pages in the space for the foreseeable future due to the global documentation project, This action is being reserved to process experts, administrators and IS to ensure consistency and avoid duplication while the documents are under review.
Payment Authorization
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
A Payment Authorization is a document created on the system (PA system) on WP1 system on SAP for reimbursement payments to employees、 payments in advance to employees, credit card payments, taxes payments and any other payment for a financial institution which does not generate Invoices and also does not contain Purchase Orders.
Label(s)
Payment proposal
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
SAP terminology used when the transaction F110 is executed to prepare a payment run. The system proposes the detailed payments to be made but no posting in accounting occurs during this transaction. A payment proposal must only be followed by one of these actions: execution of the payment run modification of a payment in the proposal cancel of the payment proposal These actions can be executed only via F110 transaction The payment list is proposed to the Signatories for payment before the payment run.
Label(s)
Payment run
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
SAP terminology used when the transaction F110 is executed to automatically post payments in the books of CICC and create the payments files (DME file) to be transferred from SAP to banking tools.
Label(s)
Payroll
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
An account listing employees and any wages and salaries due them
Label(s)
Process Director
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
Accounts payable sub-module for SAP that focuses on processes connected with incoming invoices processing. Developed by Redsoft company. T-code in SAP: /COCKPIT/1
Synonym(s)
Cockpit
Abbreviation(s)
PD
Label(s)
Profit and loss statement
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
A financial statement that is used to summarize a company’s performance and financial position by reviewing revenues, costs and expenses during a specific period of time, such as quarterly or annually.
Abbreviation(s)
P&L
Label(s)
Proof of Delivery
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
A method to establish the fact that the recipient received the contents sent by the sender. Often represented as a signed delivery document.
Abbreviation(s)
POD
Label(s)
Purchase Order
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
A purchase order is a document generated by a buyer that authorizes a purchase transaction.
Abbreviation(s)
PO
Label(s)
Payment Terms
Created Feb 27, 2020 (15:05)
by Erika Solovjova
Definition
Payment terms are the conditions under which a vendor completes a sale. The payment terms cover:
When payment is expected
Any conditions on that payment
Any discounts the buyer will receive
Label(s)
Puchasing Info Record
Created Feb 27, 2020 (15:06)
by Erika Solovjova
Definition
Abbreviation(s)
PIR
Label(s)
Purchase Requisition
Created Feb 27, 2020 (15:06)
by Erika Solovjova
Definition
Abbreviation(s)
PREQ
Label(s)
Purchasing Card
Created Feb 27, 2020 (15:06)
by Erika Solovjova
