Automatic Payment Programs Window Reference
Name. The name of the program you are defining. This name will appear on a list of values when you need to enter the name of the program.
Suggestion: If you use Receivables, since you use both a format receipts and a transmit receipts program with a single receipt format, you should give both the same name. You can use the same name if the program type is different.
Type. Type of program you are defining.
Payables Types:
- Build Payments. A program Payables uses to build payments for the invoices in a payment batch. Payables submits this program during payment batch selection to calculate the payment totals for your payments and determine on which payment documents the payment appears.
Payables provides a predefined Build Payments program called the Standard Build Payments Program. Payables uses this standard build program to group the selected invoices for each payment, order the payments using the order option you specify in the Payments batches Summary or detail window, create any necessary overflow documents, and determine the total number and amount of payments for a payment batch.
Attention: You do not need to define any additional Build Payment programs. Use the Standard Build Payments Program that Payables provides.
- Format Payments. A program Payables uses to format your payment documents. During the Format Payments program, Payables uses your payment format to create the layout of your checks or electronic funds transfers.
- Remittance Advice. A program Payables uses to format a separate remittance advice document. For example, you can use a remittance program to create separate remittance advice documents for your electronic funds transfers.
Receivables Types:
- Print Created Receipts. A program you use to create a batch of automatic receipts.
- Transmit Created Receipts. A program you use to format the output of automatic receipts that you have created on to a magnetic medium.
- Print Bank Remittance. A program you use to print a batch of your remittances.
- Transmit Bank Remittance. A program you use to format the output of bank remittance batches that you have created on to a magnetic medium.
Registered Name. Enter the concurrent program short name of your payment program. Your System Administrator defined this short name when registering your payment program.
See Also
Automatic Payment Programs
