Payment Routings

Payment Routings information is used to define payment options for vouchers.

General

In the General area, enter information about the payment routing.

The payment control information (Bank Account, Routing Number, IBAN and Swift Code) is considered sensitive data. As such, it may or may not be displayed in reports or inquiries depending on the level of access privilege of the user executing the report or inquiry.

Field Description
Code

Enter a code for the payment routing. This must be unique to the document instance but does not have to be globally unique.
Name Enter a name to describe the payment routing. This does not have to be unique.
Electronic Payment

Select if all vouchers using this payment routing should be paid electronically.

Separate Check

Select if a separate check should be generated for each voucher. If not selected, all vouchers selected for payment will be combined into a single check during payment generation.
  Bank Account Number

Enter the bank account number. This field is required when the Electronic Payment field is selected.

  Routing Number Enter the bank's routing number. This field is required when the Electronic Payment field is selected. This field must be numeric.
Account Type Select the appropriate account type. Choices are Checking, Saving, or None. This field is required when the Electronic Payment field is selected and that default is Checking. If the Electronic Payment field is not selected, the default is None.
EFT Prenotification Required

Select if the bank account number and routing number must be verified with the receiving financial institution before it can be used to pay vouchers electronically. For more information, see EFT Prenote Request.
Locale

Displays your locale based on your computer setting. This is used to define date and numeric formats. The locale is presented in ISO standard format by language and country to allow ease of localization. This table is pre-populated in BST11.
  Address

Enter or select the address where to send payments. This is required for non-electronic payments.
  SWIFT Code Enter the Society for Worldwide Interbank Financial Telecommunication (SWIFT) code. This field is used in conjunction with the IBAN code in EFT transformations, particularly for international money transfers.
  IBAN

Enter the International Bank Account Number (IBAN.) This field is used in conjunction with the SWIFT code in EFT transformations, particularly for international money transfers.

  Status Select the status of the payment routing.