Generating bank remittances

Use this procedure only if your company does not use remittance control.

  1. Sign in as Receivables Specialist or Receivables Manager.
  2. For Receivables Specialist, select Create Bill Of Exchange Processes > Generation of Bank Remittance.
    For Receivables Manager, select Processing > Create Bill Of Exchange Processes > Generation of Bank Remittance.
  3. Specify this information:
    Remittance Company
    Select the remittance company number.
    Process Level
    Select a process level.
    Cash Code
    Select a cash code that represents the bank account you want to remit the bills of exchange.
    Remittance Type
    Select the type of remittance to include on the report. If this field is blank, then both discounted and encashed remittances are included.
    Remittance Date
    Select the remittance date. This date is assigned to the remittance and all bills of exchange are included in the remittance. If this field is blank, then the system date is used.
    From Maturity Date
    Select the beginning maturity date.
    To Maturity Date
    Select the ending maturity date.
    Print Option
    Select a print option.
    Remittance Number
    If you select Reprint, then specify the remittance number to be reprinted.
  4. In the Report Distribution section, select Generation Of Bank Remittance Report and the Report Export Type.
  5. Click OK.