Bank Account by Pay-to Business Partner (tccom4125s000)

Use this session to maintain bank information for a pay-to business partner.

 

Pay-to Business Partner
The business partner to whom you pay invoices. This usually represents a supplier's accounts receivable department. The definition includes the default currency and exchange rate, the supplier's bank relation, the number of days within which you must pay the invoices, and if the business partner uses a factoring company.
Bank Account Code
Your code for the bank account.

Related topics

Workflow Status
The status that is applicable if the business object requires authorization approval using ION Workflow.

When you perform a change that requires authorization, a checked-out version is automatically created for the business object. The changes you submit are only effective after approval/check-in. You can also undo your changes, or recall your submitted changes.

  • Checked-out and checked-in objects are displayed in the Checked-out Objects (ttocm9599m000) session.
  • From the appropriate menu of this session, select Workflow and execute the required action for the business object.

Allowed values

If the business object is checked out, this field displays an Object status.

If the business object is checked in, this field displays an Approval status.

If a description is specified for the object type in the Workflow Information Fields (ttocm0106m000) session (which is displayed as a tab in the Object Types (ttocm0102m000) session), regardless if the object is checked in or out, this field always displays the value of the appropriate Description field.

Note

For more information on setting up and using ION Workflow for business objects in LN, refer to the Infor LN Integration Guide for Infor ION Workflows and Monitors at Infor Xtreme.

Related topics

Bank Branch
Bank Branch
The bank branch.
Bank Address
The bank's address.
Domestic Bank ID
An eleven-character, alphanumeric code that identifies a bank. In various countries, a bank identifier is used to denote the bank to which an account belongs. For payments, for example, the bank identifier is used on a remittance form to denote a banking relation or a pay-to business partner.
Account
Bank Account
The account number of the business partner with this bank.
International Bank Account Number
The bank's international bank account number.
Account Type
account type.

In some countries, you must make payments of a subcontractor's purchase invoices to a blocked account.

Bank Costs
The party that pays the bank costs.

For a business partner in Japan, select either of the following:

  • Costs Paid by Receiver
    If you select this option, standard bank charges will be deducted from the payment amount.
  • Negotiated Costs Paid by Receiver
    If you select this option, negotiated bank charges will be deducted from the payment amount. In this way, you will pass your discount to your business partner.
Note

Standard and negotiated bank charges are specified in the Bank Charges (tfcmg0120m000) session.

Allowed values

Bank costs