sap-treasurycm blogspot.com
SAP-Treasury Material
Monday, August 4, 2008. Lockbox Functionality in SAP. A company can create lockbox accounts at a bank that are used as payment collection accounts for customer receivables. The company informs its customers that all payments should be submitted to one of its established bank lockbox accounts at a designated remittance address. A lockbox account is usually a designated post office box which has the company name but the customer payments are actually received by the bank. BAI BAI2 Formats. Accelerated .
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