Payment Instrument Codes (00/PY)

Payment instrument codes indicate various methods of payment, such as draft, check, and electronic funds transfer. You assign a payment instrument code to each voucher. Set up a code for each type of payment instrument that you use. Blank is the default value.

The system provides these hard-coded payment instrument codes:

• X: Electronic data interchange (EDI) check.

• Y: EDI wire.

• Z: EDI.

The system provides these payment instrument codes that are not hard-coded:

• C: Check (8.75 inches).

• D: Draft.

• N: Print Checks - Brazil.

• T: Electronic funds transfer (EFT).

• W: Check (8.5 inches).