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Electronic Payments

You can pay your suppliers electronically by using either the Oracle EDI Gateway or by delivering to your bank an electronic funds transfer output file that Payables creates.

Creating Electronic Funds Transfer Payments without the Oracle EDI Gateway

To create an electronic funds transfer (EFT) payment file that you can deliver to your bank, you follow nearly the same steps as in creating checks in a payment batch. However, instead of printing the checks, you send a softcopy file of formatted payments to your bank so it can disburse the payments directly into each supplier's bank account.


   To create Electronic Funds Transfer (EFT) payments:

See Also

Initiating Payment Batches

Modifying Payment Batches

Formatting Payments

Confirming Payment Batches

Troubleshooting a Payment Batch

Cancelling Payment Batches

Printing Separate Remittance Advice

Payment Batches Window Reference

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