Create a Bills Receivable Remittance Batch

Create a bills receivable remittance batch from eligible bills receivable transactions.

During batch creation, Receivables uses the currency and remittance bank information to select bills receivable. You can specify additional selection criteria to limit the bills that are selected for remittance using the Select and Add: Bills Receivable window.

All bills receivable with the status Pending Remittance are eligible for selection. You can also include bills receivable with the status Unpaid if the Include Unpaid Status option is enabled.

Based on the remittance bank information, Receivables selects the following bills receivable for inclusion in the batch:

Bills receivable with the same remittance bank account as the remittance batch.
Bills receivable with no remittance bank account.
Bills receivable with a different bank account from that of the remittance batch, if the Ignore Override option isn't enabled.

Note: You can change the batch remittance bank information after the remittance batch is created. However, you will receive a warning if the remittance bank of any bill receivable in the batch is different from the new remittance bank of the batch, unless the Override bank option is enabled on that remittance bank account.

After you have entered information for the batch and your selection criteria, use the Save button to generate the bills receivable remittance batch. Receivables validates the status, currency, and remittance bank information of the bills receivable included in the batch. Receivables then selects bills receivable in maturity date order, starting with the earliest maturity date.

Once a bill receivable is selected for a remittance batch, you can't apply customer payments or other activities to the bill, or select the bill for another remittance batch.

After creating the remittance batch, use the Mange Bills Receivable Remittance Batches page to review, update, and approve the batch.