Understanding Pay Cycle Manager

This section discusses:

• Pay Cycle process flow.

• Pay Cycle statuses.

• Pay Cycle exceptions.

• Draft payments.

• Payment formatting.

• Separate payments.

• Payment sorting.

• Check payments that never reach the banking system.

• Pay Cycle processing using the PeopleSoft Payables Payment Interface.

• Pay Cycle processing using the PeopleSoft Financial Gateway.

Pay Cycle Manager is the focal point for managing payments in PeopleSoft Payables. From the Pay Cycle Manager page, you process each of the Pay Cycle Application Engine process (AP_APY2015) steps necessary to turn bank account, supplier, voucher, and business unit information into actual payments. Use Pay Cycle Manager to initiate the Pay Cycle process, view and send payments to a printer or a file, and create automated clearing house (ACH) files, drafts, electronic funds transfer (EFT) files, wire transfer reports, and positive payment files.

The Pay Cycle Manager integrates much of the data entered into PeopleSoft Payables and uses this payment data not only to create the negotiable documents but also to provide information for reports. Many of the activities of PeopleSoft Payables lead to or come from the Pay Cycle Manager.