Setting up for credit transfers

  1. Create a bank transaction code:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Bank Transaction Codes.
    2. On the Cash Payment tab, specify this information:
      Transaction Origin
      Select Payable.
      Payment Output Option
      Select Electronic File.
      Transaction Numbering
      Select Numeric Only.
      Manual Payment Reservation
      Clear this check box.
  2. Create an electronic transfer ID:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Bank Transaction Codes > Electronic Transfer Identification.
    2. Specify the identification number.
  3. Update the Clearing System Member ID field in Branch Of Financial Institution record.
  4. Create a cash management account:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Cash Management Accounts.
    2. Select a cash management account and specify this information:
      Currency
      Select MXN Mexican Peso.
      Validation Type
      Select Standard Account Number.
      BIC
      Specify MXXCISO.
      Legal Entity
      Specify 2009.
  5. Create a cash code:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Cash Codes.
    2. Specify the cash management account.
  6. Create a transaction code.
  7. Create a company cash code:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Company Cash Codes.
  8. Create a cash payment format:
    1. Sign in as Application Administrator and select Financials > Cash Management > Cash Setup > Cash Payment Formats.
    2. In the Payment Format field, select Electronic File.
  9. Create a vendor with a Mexico address:
    1. Sign in as Application Administrator and select Financials > Payables > Vendors.
    2. In the Current Address section, specify the country and street address.
    3. On the Vendor Bank tab, complete the Vendor Bank section.
    4. In the Vendor Cross Border Payment Options section, select BIC in the Cross Border, BIC Number field.
    5. Select MXXCISO in the BIC field.
  10. Update vendor with cash code and payment code:
    1. Open the vendor record.
    2. Specify this information:
      Cash Code
      Specify Mexico.
      Payment Code
      Specify Mexico.
  11. Update cash code in payables process level:
    1. Sign in as Application Administrator and select Financials > Payables > Payables Setup > Process Levels.
    2. Select Mexico in the Cash Code field.
  12. Create a Payables invoice and release it:
    1. Sign in as Application Administrator and select Financials > Payables > Payables Processing > Manage Invoices.
  13. Perform cash requirements:
    1. Sign in as Application Administrator and select Financials > Payables > Payables Processing > Process Payments > Perform Cash Requirements.
  14. View cash requirement results:
    1. Sign in as Application Administrator and select Financials > Payables > Payables Processing > Process Payments > Cash Requirement Results.
  15. Run electronic payment creation:
    1. Sign in as Application Administrator and select Financials > Payables > Payables Processing > Process Payments > Electronic Payment Creation.
    2. Complete the required fields and click OK.
  16. Work units are triggered:
    1. Select Process Server Administrator > Administration > Work Units > Work Units.
    2. Select a completed work unit record. A credit transfer BOD is triggered to ION. The credit transfer BOD is validated against the corresponding schema. Output is generated in the designated folder.