Creating settlements

1. Select Settlements > Unreleased.
2. Click Create.
3. Specify this information to create the payment header

   Settlement ID

   Specify a settlement ID, for example a wire transfer number.

   Payment Date

   Select a payment date.

4. In the Payable section, specify this information:

   Payment Amount

   Specify the amount of the transaction.

   Company

   Select a company.

   Cash Code

   Select a cash code. The bank account number is displayed.

   Bank Transaction Code

   Select a bank code transaction.

   Currency Table

   Select a currency table.

   Exchange Rate

   Select the exchange rate.

5. In the Receivable section, specify this information:

   Company

   Select a company.

   Cash Code

   Select a cash code. The bank account number is displayed.

   Bank Transaction Code

   Specify the bank transaction code.

   Currency Table

   Select a currency.

   Exchange Rate

   Select the exchange rate.

6. Click Save.
7. On the Details tab, select the Helper List icon to select the invoices that are available for settlement..
8. On the Bank Fees tab, you can specify the fees that are involved in this settlement for the payables and receivables side of the transaction. Click Create, specify this information, and click Save:

   Description

   Provide a description for the fee.

   Amount

   Specify the amount of the fee.

9. Click Actions > Release.
10. Click the View Payments link to view the Payables payment and the Receivables receipts.