1. Set up virtual cards for supplier payments
  2. Configure Supplier Remittance Advice for J.P. Morgan

Configure Supplier Remittance Advice for J.P. Morgan

For J.P. Morgan virtual card payments, you can decide when the supplier separate remittance advice (SRA) is generated. Modify the SRA in the preconfigured JPM Virtual Card Payment Process Profile (PPP) to enhance the SRA for ease of supplier reconciliation.

Use the Manage Payment Process Profiles task to configure supplier remittance advice for J.P. Morgan. Follow these steps:

  1. Go to Navigator > My Enterprise > Setup and Maintenance > Financials > Payments > Manage Payment Process Profiles.
  2. Search and select JPM Virtual Card.
  3. Go to the Reporting tab.
  4. In the Separate Remittance Advice section, from the Format drop-down list, select Mastercard Remittance Advice Format.
  5. Select When payments are reconciled from the Automatically Generate Remittance Advice drop-down list.
    Note: Optionally, the value can be set to When payments are confirmed or No, if not required.
  6. Select Email with .csv as attachment from the Delivery Method drop-down list.
  7. Select Save and Close.