Settle Bank Transfers Through Payments : YES

[ayat]

Dear Everyone,

Can Any One Tell me how to implement The Bank Transfer Case , when (Settle Bank Transfers Through Payments , is set to : YES ).


Your Quick Response is highly appreciated,

Thanks

[niletra]

Hi

Settle Bank Transfers Through Payments , is set to : YES

It means you are going to genrate the check from the System

Validate from the Cash Managment

Transcation will go to Payment Dashboard from there you have to Run the Paymnent Batch

So Check will genrated from the System

After that only your Transaction is Settle in Cash Managment

Otherwise it is 'Settlment In Progress'

Plz post If you have any further query

Thanks

Best Regards,
Niletra Desai

[syedtaju_21]

Go to Fund disbursement process Manager Responsibility and there u will have pending notification.
Regards
syedtaju_21

[ayat]

Dear niletra,

I understand that this feature enables me to transfer checks , not funds , from one bank to another ,

But , I don't know the feauture of creating the check from the system is from here .

Can u please explain me more this feature & its details....


Secondly,
i was actually trying to implement this feature , because i need to transfer all checks that have been (negotiatable) , not cleared , from one bank to another .

so , can u help in his issue...

Thanks

[ayat]

Dear syedtaju_21,

I already switched to the Fund Disbursement Process Manager Responsibility , But , i found the bank transfers i made in the third section down in the home page not in Actions pending , nor awaiting

In addition , i don't know exactly what i have to find with this resp ?

- Will i see ALL the check (negotiatable ) ,of the Source Bank?

- Wil i see Only recent checks ,of the Source Bank ?

-Or, will i see all cash clearing related transactions (in-out) , of Source Bank ?


-Secondly :-

What are the specific setups in : Payment Administrator (AP) & Cash Mangement or in any other module , Required to successfully implement this process ?


Thanks,
ayat