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.

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.

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.

An account listing employees and any wages and salaries due them

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

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.

A method to establish the fact that the recipient received the contents sent by the sender. Often represented as a signed delivery document.

A purchase order is a document generated by a buyer that authorizes a purchase transaction.