BCM Payment Cockpit

There is a re-send instruction option for which there was no acknowledgement received from the bank, thus enabling the re-sending of the payment medium file to the bank (here, the instruction status is Payment Medium Created). 

For a payment group, the report generated by this program offers a drill-down capability to view payment information IDs (PmtInf) and individual instruction details (CdtTrfInf for credit and Dbr\tTrfInf for debits). In addition, the report also links the related payment documents for each instruction issued by you to the SAP BCM payment Implementation services in USA. 

Data that can be displayed on the report after the successful creation of the Payment Medium File 

1. Details of payment group, payment information ID, and payment instructions sent to the bank 
2. Status-change history at all message levels, at the Payment Group Level, Payment-Information level, and at each Payment-Instruction level. 
3. Detailed application log for both outbound and inbound messages 
4. Individual encrypted XML messages containing your instructions 

The search options used for viewing the documentation history of workflow can be done via the following selection fields  

• Payment Group ID: Run identification from the payment run program (transaction /F110) 
• Payment Information ID: An internally generated number from F110, which represents a batch 
• Instruction ID: An internally generated number from F110 that represents an individual payment in a batch 
• Run Date: The date of the payment run 
• Business Transaction: The F4 values under Business Transaction are: 

1. Payment Medium Created 
2. Payment Sent to Bank 
3. Received by Bank 
4. Accepted by Bank 
5. Rejected by Bank 
6. Partially Accepted by Bank 
7. Payment Statement Received 

With options such as viewing the documentation history of workflow, you can get the required information with the BCM Payment cockpit. First, however, you must follow simple steps to make the most out of the payment cockpit to maintain the bank records with the help of SAP BCM Payment Integration services in the UK. 

Be it Automated payments or a Multicash payment factory, iQuantM, an SAP BCM payment Implementation partner in USA, can explain more about everything related to the Financial services network.