Payment Runs
Payment runs are non-posting transactions that enable you to group payable transactions and create vendor payments from a single payment workflow. A payment run lets you select the paying account, choose eligible transactions, review the total payment amount, approve the run, and create resulting payment records.
Payment runs are useful when you need to process multiple vendor payments together instead of paying each bill individually.
Payment runs are an integrated part of the Accounts Payable functionality, and do not need to be separately enabled.
Payment runs can use bank, cash, or credit card accounts.
Payment Runs Workflow
When you create a payment run, you select the account, payment date, posting period, and classification details, then add transactions to the run. When you save the payment run, it will have the Open status unless you have approval routing which sets it to Pending Approval.
After transactions are added, NetSuite calculates the run summary, including subtotal, credits, discounts, and total. The total payment run amount must be positive before the run can be saved.
When the run is saved and approved, you can create payments. NetSuite then processes the run and creates related payment records, such as bill payments.
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