Remittance

To remit your supplier payments you can either use Cheque Payment Forms/Internet payments or one of the BACS formats as remittance type.

For all formats you can print a Remittance advice, specifying the payments.

Your payments will be posted in Financials and update the Supplier ledger as an integrated part of the payment processing procedure.

Through the remittance settings, you can apply the settings you require.

Please note! The file formats specified need to be tested specifically by your bank before you start using them for your payments. Please contact your bank.