Creating and updating payment imports

Use this procedure to view, update, and create records that are imported to CashLedgerPaymentImport. These records are used by Payables to create payments during the payment cycle.
  1. Select Payment Imports.
  2. Click Create.
  3. Specify this information:
    Bank Transaction Code
    Select a valid bank transaction code. A code is required for payments.
    Reference Number
    Specify a reference number for the check.
    Sequence Number
    Specify the sequence number. This number is a set of related entries or transactions within a reference number. For example, you can have a transaction with Reference Number 123 and Sequence Number 1. Then, you can enter another record with Reference Number 123 and Sequence Number 2.
  4. On the Main tab, specify this information:
    Vendor
    Select the dummy vendor that you set up for Cash processing. At least one vendor must be set up for all cash payment processing. A separate vendor setup is not required for each payee.
    Override Company
    To override the posting company on pay group, select an override company. If this field is blank, then the posting company from the pay group is the default.
    Date
    Select the date on which the transaction will be posted. This date acts as the payment due date when scheduling payments.
    Approval Cost Center
    Optionally, provide a user-defined cost center for process flow approvals.
    Approval Category
    Optionally, provide a user-defined category for process flow approvals.
  5. Specify the required information on these tabs:
    • Defaults
    • Bank

      This information is required for electronic payments.

    • Remittance
    • Transaction Data
    • User Fields
    • Distributions
  6. Click Save.