F-53 is used to manually post payments made to vendors without referencing open items or invoices automatically, usually for direct payments or adjustments. It’s a non-automatic, manual outgoing payment transaction.
📌 Steps to Post Vendor Payment in F-53:
1. T-code: F-53
2. Bank Account (GL Account for Outgoing Bank)
3. Posting Date & Document Date
4. Amount to be Paid
5. Vendor Account
6. Choose “Open Items” to clear against an invoice (if applicable)
7. Assign Payment Amount and Save
📍 Why it matters:
This process ensures accurate clearing of vendor invoices, proper cash flow tracking, and up-to-date financial statements.
