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Payment Method.
Group by Maturity Date. Enable this option if you want this format to group payments by due date. If you enable this option, Payables groups payments for invoices with the same due date on the same payment document. Invoices with different due dates are paid using a separate payment document.
If you disable this option, Payables groups payments on payment documents according to the order in which the invoices were selected when you initiate a payment batch.
Before Document. Payables prints a remittance advice on the payment document stub, before it prints the payment.
After Document. Payables prints a remittance advice on the payment document stub, after it prints the payment.
None. Payables prints a separate remittance advice, based on the remittance advice program you select for the payment format.
Number of Invoices. The number of invoices you want to appear on your remittance advice for this payment format. This value only applies to a remittance advice included in your Format Payments programs (not a Separate Remittance Advice program). Do not change this value for the payment formats that Payables predefines. Note that for any of the Evergreen type payment formats the maximum value that defaults in this field is 37, and if you enter a value greater than 37 your payment format will not work.
Attention: For this field, select the Standard Build Payments program that Payables provides. You do not need to define any additional Build Payment programs.
Format Payments. The Format Payments program this payment format uses. You must select None for the Remittance Advice option to select the BACS or the U.S. Treasury Format Payments program since these formats do not have remittance stubs. During payment formatting, Payables uses your payment format to create the layout of your checks or electronic funds transfer file. If you plan on using a laser printer to print checks, select the Evergreen Format (Laser) payments program.
Separate Remittance. The Remittance Advice program this payment format uses to create a separate remittance advice for each payment.
Choose the Tax Authority Remittance advice if you use automatic withholding tax and are creating a payment format you will use when paying a tax authority.
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