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 Read more…
SAP Payment Medium Workbench (PMW) is a method used to print payment media during SAP payment run process. There are standard payment programs and SAP payment medium workbench is an alternative to the standard payment media print programs. Using payment medium workbench has more advantages as compared to using the Read more…
SAP Payment run process gives companies a convenient, simple and effective way to pay their vendors. SAP FI uses automatic payment program as a tool to handle mass transactions in accounts payables. The program selects open invoices to be paid and posts payment documents. The process handles both national and Read more…