I described the AP process from PO through 3 way match. Going forward, I would like to focus on FI-AP.

After AP booked, Accounting team can complete AP transaction through remittance of the same amout of AP. However, Accounting might be have some pain and this was not share with other departments….

The one reason is Japanese unique payment term, payment after closing date, and not well maintained vender master. I was suprised at 30 days payment after invoice date, which means accounting team has to settle invoices day by day.

SAP has a capability of calculating the payment date based on payment term in vender master but they are usually wrong..because it was not updated to current payment term from old one. Some department don’t inform this change of accounting team, In addition, Accounting team won’t share situation and pay down invoice earlier to be on the safe side, it is not so good though.