Credit transfers

Vendors can be paid from accounts payable by transmitting credit transfer messages to the bank in a format that the bank can interpret. The bank can then take the appropriate action.

Argentina specifics

None

How Infor meets the requirement

FSM_ION_SyncCreditTransfer_Out is used to generate the vendor payment file to the Infor LSP. From there, an appropriate message is generated and is sent to the bank to make the payment to the vendor with the given instructions.

On successful triggering of FSM_ION_SyncCreditTransfer_Out BOD to ION and there it is validated against the corresponding Schema. Output is generated in the designated folder.

See BODs.

See Setting up for credit transfers.