Payment Acknowledgment

A paysheet shows the payment method, payment date, and reference number in a Payment Acknowledgment.

Payment acknowledgment can occur among many players in the payment flow, including between banks and payment systems, between payment systems and payable systems, and between payable systems and payment requesters. The information shared in the payment acknowledgment varies; however, the payment date, payment method, and payment reference number are commonly included. The paysheet payment acknowledgment values can be entered manually or by using the Incentive Compensation Payment Acknowledgment web service.