How to post Outgoing Vendor Payment F-53 in SAP

In this tutorial, we will learn to post the Outgoing Payment for Vendor in SAP

Step 1) Enter Transaction Code F-53 in the Command Field

Step 2) In the next screen, Enter the following data

1. Enter the Document Date
2. Enter the Company Code
3. Enter the Payment Currency
4. Enter the Cash/Bank Account in which Payment is to be credited
5. Enter the Payment Amount
6. Enter the Vendor Id of the vendor receiving the Payment

Step 3) Press the Process Open Items Button to display the list of Pending Invoice

Step 4) Assign the Payment Amount to Appropriate Invoice so as to balance the Payment with the Invoice Amount

Step 5) Press Post from the Standard Toolbar to post the Outgoing Payment

Step 6) Check for the Status bar  for the Document number to be generated

You have successfully post the Outgoing Payment for Vendor