The Prompt Payment Act (PPA) offered by SAP includes features to handle the Fast Pay and Accelerated Pay requirements stipulated by Federal legislation.
The Prompt Payment Act - The Prompt Payment Act ensures that federal agencies pay for goods and services on time and requires federal agencies to automatically pay interest on late payments to vendors.
Use the links below to access detailed information on these features. The documentation includes scenarios, giving examples of how processing in Fast Pay and Accelerated Pay takes place.
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