Create Payment Batch

Each day, at a preset time, the system selects invoices that are due for Funder approval. A payment batch is created for each Supplier. Pending credit notes are deducted from Supplier payments included in the batch.

Invoices that were scheduled for full-term payment (no discount) by the Supplier, are included in a batch for payment directly from the Buyer account to the Supplier account.

Note: Non-discounted payments to the Supplier will appear as a single (batch) line item for each Supplier in the bank file created. See Supplier / Funder Maturity Payment for more details.