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.
How Infor meets the requirement
FSM_ION_SyncCreditTransfer_Out is used to generate the vendor payment file to the Infor ION. An appropriate message with instructions is generated and sent to the bank to render payment to the vendor.
On successful triggering of FSM_ION_SyncCreditTransfer_Out BOD to ION, the BOD is validated against the corresponding schema. Output is generated in the designated folder.
See BODs.