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Knowledgebase
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Volume 4 (2005)
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Issue 7 (July and August)
Explore Alternative Payee Options in Accounts Payable 
by Martin Ullmann, Ariston Consulting
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It is often difficult for users to determine which payee option best fits their needs. Learn about all of the different options in detail, with comparisons and examples, so you can choose what will work best for you.
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Categories:
Accounts Receivable/Accounts Payable,
Financials,
Master Data
A/P,
Accounts Payable
Within Accounts Payable, payments are issued to the address of the
vendor. Alternative payees are used when payments have to be sent to an address other than the regular
vendor address. |
R/3 and mySAP, SAP's Accounts Payable (AP) applications, offer a variety of options to process payments to
alternative payees. The most commonly known and used option is the alternative payee option, because it was the only
option available until R/3 Release 4.0. In this release, SAP introduced two more options, which allow more flexibility and
functionality. Most customers, however, never investigated these options for various reasons, including not wishing to
deviate from established business processes.
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