Electronic Payament

[alamaijaz]

Hi,

What are the steps from creating electronic payments to sending to bank, including setup of banks.

Thanks

Aijaz

[vipul.eng06]

Hi Aijaz
To make Electronic payments folow these steps-
1.Define the Supplier Bank(Setups-->Banks-->SelectAccount use as SUPPLIER )
2.Assign the Supplier Bank Details to Supplier to which u wish to make Electronic payment.
3.Make sure Payment format for Electronic payment is defined and assigned to Internal Bank.(Bank-->Account-->Payables Documents)
4.Enter the Invoice,Select payment method as Electronic nad process the payment.
5.To bank you have to send CSV(comma separated values) files.For that you need to take CSV file format from Internal Bank and develop a custom program.
This should be enough for processing Electronic payments in 11i.
Regards
Vipul Tyagi

[quote]Hi,

What are the steps from creating electronic payments to sending to bank, including setup of banks.

Thanks

Aijaz

<i><div align="right">Originally posted by alamaijaz