Process electronic payment remittances

Use this functionality to create the file that must be sent to the bank with the instructions for electronic payment of vendor invoices.

1. On the Payment journal page, click New.
2. In the Name field, enter a name of the payment journal.
3. Click Lines.
4. In the Account field, select the account.
5. In the Description field, enter or select a value.
6. Click Settle transactions and in the list, find and select the transactions to settle.
7. Click the Payment tab and in the Method of payment field, select a method of payment.
8. In the Payment specification field, enter or select a value.
9. In the Bar code field, type a value.
10. Click OK.
11. Click Generate payments and in the Method of payment field, select a method of payment.
12. In the Bank account field, enter or select a bank account.
13. Click OK.
14. Click Save.