Hi everyone.
What are the advantages of using Note to payee vs Payment form number, and vice versa? Is there best practice suggestion for using one of them and if so, which one?
What Im trying to do is find the best way of identifying what has the customer paid. Almost all of the payments are going through the electronic bank statement (first imported in FI and then transfered to FI-CA). Limitations to the length of the field is 22 characters (only numbers and dashes allowed), as these are regulations in the country banking services.
Payment form number seems to be good idea as it can be used for both invoices and dunnings and it uniquely identifies the open items payed, but I havent been able to find the way this number is transfered from the electronic bank statement to the payment lot selection categories. On the other hand, when using Note to payee I can combine contract account (or contract) and, for example, the bill month and year, which means I can identify at least contract account even if Note to payee is coppied wrongly during payment.
Hope someone can give some suggestions on how to deal with this issue in the best way. Thanks in advance!
Marko