Understanding How to Print Payment Information by Business Unit

You might need to set up payment information by business unit if you produce payments by business unit. If you do so, payments are processed using:

• Business unit information from the voucher.

• Bank account information from the business unit.

When you create payment groups, the system uses business-unit payment information only if you set a processing option to process payments by business unit. Otherwise, it uses the bank account information that you set up for payments on the Work With G/L Bank Accounts form.

You can assign your business units the same bank account provided that each business unit has a different value, such as a different next payment number, assigned to it.