Description
To support the Supplied Payees feature, in this release changes have been made to the Payment File process. Where the Payee is a Supplied Payee, the payment will go to the supplier’s bank details.
Within the payment file, there will be 1 consolidated row per supplier that will sum the values for each payee belonging to the supplier rather than individual rows for each payee record for the supplier. For example:
Pay Batch | Managed Agency | Payee ID | Branch | Account | Value |
2045 | Agency 1 | 500001478 | 123-123 | 1234567899 | 300.00 |
2045 | Agency 1 | 500001462 | 123-123 | 1234567899 | 400.00 |
2045 | Agency 2 | 500001202 | 514-411 | 6541230001 | 800.00 |
2045 | Agency 2 | 500001452 | 514-411 | 6541230001 | 900.00 |
Using the example data above, the payment file would consist of 2 rows containing the following:
Managed Agency 1 = 700.00
Managed Agency 2 = 1700.00
Benefits
To reduce the number of transaction lines on a bank file.
Configuration
None.