Display Payment Specification
Application component: Contract Accounts Receivable and Payable
App type: SAP GUI
Description:  You can summarize receivables that a business partner is to pay with one payment, using a specific payment method, and specific bank details, and payables that you want to pay to a business partner into payment specifications for automatic processing in the payment program and processing in payment lots. 
Key features:  With the transaction Payment Specification for Payment Run (FPAY1A), you can group open items and at this level, define payment data such as payment method, bank data, and DME data. The payment program processes this data for payment (payment specification of category Payment Program). With transaction Payment Specification for Payment Lot (FPAY1B) you can only group items (for example, without specification of payment data such as payment method, bank data) and use the payment specification created in this way as selection criteria for processing incoming payments (payment specification of category Valid for Payment Lot). The system saves this payment data at header level and the related items at item level in the object payment specification. You can include items from different business partners and contract accounts in one payment specification. In the payment specification you must always specify the paying business partner and (if the specification is for the payment run) the paying contract account. You can use the function for incoming payments, outgoing payments, and in principle, for all payment methods. In the related line items, only the category of the payment specification (field DFKKOP-PDTYP) is set. The payment data entered (for example, payment method) is not entered in the line item. When you create a payment specification, the same authorization checks that apply to the document change function apply (company code, business area, and authorization group of contract account). Using the authorization object F_KKINDPAY, the system checks, dependent on the category of the payment specification and the activity, whether a user has the required authorization. 
Business roles: Accounts Payable and Receivable Accountant (FI-CA)| Collections Specialist (FI-CA)| External Auditor - Accounts Payable and Receivable (FI-CA)| Reconciliation Specialist - Accounts Payable and Receivable (FI-CA)
External Auditor - Accounts Payable and Receivable (FI-CA) : 
Reviews the accounts of organizations to ensure the accuracy and completeness of their financial records. Determines if the financial statements of an organization fulfill all required legal accounting policies, and procedures.

Collections Specialist (FI-CA) : 
Deals with the collection process in the company including contacting individuals who have defaulted on debts and/or who have not paid past-due bills to discuss the handling of the overdue items (e.g. using payment agreements).

Accounts Payable and Receivable Accountant (FI-CA) : 
Deals with payment and credit clarification of B2B and B2C customers and works off complex customer requests according account clarification.

Reconciliation Specialist - Accounts Payable and Receivable (FI-CA) : 
Is responsible for the reconciliation of Contract Accounts Receivable and Payable (FI-CA) with the General Ledger (FI-GL) and all reconciliation accounts and tax on sales and purchases Clearing accounts.