Payment File - Supplied Payees - AU/NZ

Description

When it is time to generate the payment file to pay the payees, for supplied payees, 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:

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.