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  1. SAP Glossary
  2. Transaction Manager
  3. SPPI criterion


What is SPPI criterion in SAP (FIN-FSCM-TRM-TM - Transaction Manager)?


SAP Term: SPPI criterion

  • Component: FIN-FSCM-TRM-TM

  • Component Name: Transaction Manager

  • Description: A characteristic of financial instruments that identifies whether the contractual cash flows are solely payments of principal and interest SPPI on the principal amount outstanding.


Smart SAP Assistant

  • Key Concepts: 
    The SPPI criterion is a feature of the Transaction Manager component of SAP's Financial Supply Chain Management (FSCM) module. It stands for "Single Point of Payment Initiation" and is used to ensure that payments are initiated from a single source. This helps to reduce the risk of fraud and errors, as well as streamline the payment process. 
    
    How to use it: 
    The SPPI criterion is used to ensure that all payments are initiated from a single source. This can be done by setting up a payment initiation system in the Transaction Manager component of SAP FSCM. This system will then be used to initiate all payments, ensuring that they are all initiated from the same source. 
    
    Tips & Tricks: 
    When setting up the SPPI criterion in the Transaction Manager component of SAP FSCM, it is important to ensure that all payment initiation systems are properly configured and secure. This will help to reduce the risk of fraud and errors, as well as streamline the payment process. 
    
    Related Information: 
    The SPPI criterion is part of SAP's Financial Supply Chain Management (FSCM) module. Other features of this module include Accounts Receivable, Accounts Payable, Cash Management, and Treasury Management. All of these features work together to help businesses manage their financial supply chain more efficiently and effectively.
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