Use this activity to acknowledge payments. This takes place retroactively, i.e., after the payments have been implemented in accordance with documentation from the financial institutions, or payment institutes. You can enter the currency rate and fees for one or more invoices. The acknowledgement takes place for date, currency, and method of payment.
This activity requires that a confirmation of the physical payment transfer, document or similar, has been received from the payment institute.
As a result of this activity, the creation of the payment can proceed. Since payments are created within the system using the Acknowledge Payment process, invoices and payments on account are removed from the various payment orders. However, no voucher is created until the Create Payment activity has been performed.