DME: Data Medium Exchange.
A data medium exchange (DME) is a data exchange file which is used to send payment information of an enterprise to banks or tax authority. Basically these files contain financial data which can be in flat file or xml file format. Different File formats can be created for different countries and different banks based on their own norm which replaces conventional ABAP programs.
Create Payment Medium Formats (OBPM1) Accounts Receivable and Accounts Payable–> Business Transactions –> Outgoing Payments –> Automatic Outgoing Payments –>Payment Media–> Make Settings for Payment Medium Formats from Payment Medium Workbench–> Create Payment Medium Formats
A. Accounts Receivable and Accounts Payable ® Business Transactions ® Outgoing Payments ® Automatic Outgoing Payments ® Payment Media ® Make Settings for Payment Medium Formats from Payment Medium Workbench ® Create/Assign Selection Variants