SAP FI CO (Financial Accounting & Controlling)
SAP FI CO (Financial Accounting & Controlling) Forum
Hi SAP FICO Expert,
I want to know about a query if any of you can revert me back then it would be a great help for me. What is the difference between paying company code and sending company code?
Paying company code is which make the payment on behalf of sending company code. For ex. central payment.
Paying co-code is which pays money whereas Sending co-code is which is used for communication purpose (by sending co-code business partner can understand company transaction). e.g: if our company is a group company and consists of 3 co-codes names "A, B & C" .for every purchase transaction under that company group, co-code "A" pays money.
Here co-code A is paying co-code. and whatever co-code has done a transaction is sending co-code.
Here you may defferentiate them.
Sending co cd, who is actually paid the amount and paying co cd, who is responsible to pay the amount on behalf of sending co cd.
Sending cocd: He has due, and payment assigning to other cocd.
Paying cocd; who pays the amount is called paying cocd.
Paying company pays amount both sending company and paying company amount.
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