How You Confirm Electronic Payment Files

A confirmed electronic payment file is considered complete and done. Oracle Fusion Payments notifies source products when payments are confirmed, so they can perform necessary accounting. The point at which an electronic payment is considered confirmed depends on:

• Your company's business practices

• The notification that your payment system supports, such as acknowledgment and clearing

Electronic payment files can be confirmed by:

• Specifying an automatic payment file confirmation point

• Manually confirming payment files

Specifying an Automatic Payment File Confirmation Point

When you create a payment process profile during setup, you can specify the point at which an electronic payment file is automatically confirmed. The confirmation point can be one of the following:

• When the payment file is formatted

• When the payment file is transmitted to your payment system

Manually Confirming Payment Files

When you create a payment process profile during setup, you can also specify whether you want to enable manual confirmation of the payment file. You can choose to manually confirm payment files before they're automatically confirmed. You may need this option available for timing reasons.

The following table describes where and how you can manually confirm electronic payment files.

Page	Action
Manage Payment Files.	Select the applicable payment file row from the search results. Select the applicable option from the Actions menu.
Payment File.	Select the applicable option from the Actions menu.

Note: After the payments in a payment file are confirmed, the source product is notified. Simultaneously, you can no longer terminate the payment file. Instead, if you have any issues with payments, you must void them.