Previous  Next          Contents  Index  Glossary  Library

Overview (Direct Remittance - BBS Format)

This format relies on the BBS organization to receive transactions (via file transfer, tape, or diskette) and return acknowledgments. The BBS organization can also send acknowledgments by electronic media. This format does not handle currency transactions. The supplier is notified by the customer or by the BBS organization.

An example of BBS payment transfer is payment to bank accounts and Postgiro accounts.

You can summarize payments for each supplier site in order to create message lines to send to the supplier, instead of sending each payment per invoice.

         Previous  Next          Contents  Index  Glossary  Library