Understanding Payment Formats for Finland
JD Edwards EnterpriseOne software provides these payment formats for Finland:
Format |
Description |
|---|---|
R04572FI1 |
Create bank tape for domestic payments. |
R04572FI2 |
Create bank tape for foreign payments |
R04572FI3 |
Create bank tape for domestic LM03 payments |
You use the Create A/P Bank Tape – Finland Foreign program (R04572FI2) to generate payments with IBAN. When you use this program for automatic payments, the system uses the IBAN number for the beneficiary, if you have set up the IBAN, or uses the bank account number if the IBAN is not specified in the bank account setup for the customer or supplier.
The system completes the Payment record of the flat file for the Create A/P Bank Tape – Finland Foreign program differently if you enter the IBAN in the Set Up Bank Accounts By Address program (P0030A).
If you enter the IBAN, the system:
Completes field 7 of the Payment record with the beneficiary's bank name and address.
Completes field 8 of the Payment records with the IBAN.
If you do not enter the IBAN in the Set Up Bank Accounts By Address program, the system:
Completes field 7 of the Payment record with the internal bank clearing code and the beneficiary's bank name and address.
Completes field 8 of the Payment records with the beneficiary's bank account number.