Create Payment  

Explanation  

Use this activity to create payments within the system. This also results in a voucher that is transferred to the hold table in IFS Accounting Rules before it is updated to the general ledger.

Prerequisites

This activity requires that the payment must be confirmed, i.e., the Acknowledged check box must be checked.

System Effects

As a result of this activity, vouchers are created. One voucher is created for each date for all lines selected. Invoices are posted as paid and cash accounts are affected. If several companies are involved in the payment, one voucher is created per date and company. Cash accounts are only affected in the paying company, while inter-company claims and debts automatically covers the relations between the involved companies.

Window

Acknowledge Payment Orders

Related Window Descriptions

Acknowledge Payment Orders
Payment Parameters

Procedure

1. Select one or more Payment Orders that have been acknowledged.
2. Right-click and click Create Payment. This will open the Payment Parameters dialog box.
3. Change the values entered by default for Voucher Date, User Group and Voucher Type if necessary.
4. Select the Create In Batch check box if you want the creation of payments to be performed as a background job.
5. Click OK to confirm.