Bank Accounts by Pay-to Business Partner (tccom4525m000)

Field Information

Pay-to Business Partner

The pay-to business partner.

Bank Account Code

Your code for the bank account.

Bank Branch

The bank.

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

The type of account used to process the financial data of the bank

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

Allowed values

Normal

The account is a regular account.

Blocked

The account is a blocked account used to pay subcontractors using the Dutch subcontracting functionality WKA (Wet Ketenaansprakelijkheid).

Other

The account type is country-specific.

Cash Register

The entry is a cash register.

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

Costs Shared

The bank cost is shared by both the bank and the company.

Costs Paid by Sender

The bank cost will be paid by the sender.

Costs Paid by Receiver

The bank cost will be paid by the receiver.

Express Costs Paid by Receiver

The special cost incurred by the bank for processing the transactions will be paid by the receiver.

None

No bank cost is incurred while processing payments.

Negotiated Costs Paid by Receiver

The receiver pays the bank cost that was agreed between the sender and the bank.

Used for QR-billing

If this check box is selected, the bank account information is used for QR-billing in Switzerland.

Note: This field is applicable only if the Switzerland check box is selected in the Implemented Software Components (tccom0100s000) session.

Bank Reference Check

The bank reference number check that is used by the banks in the home country of the financial company.

To include bank reference numbers on invoices and payment documents, select a value other than Not Applicable for the Bank Reference Check in the Finance Company Parameters (tfgld0503m000) session.

For sales invoices, if the country of the customer is the same as the country of the sales office, LN generates the bank reference number when the invoices are composed.

For purchase invoices, if the country of the supplier is the same as the country of the purchase office, LN searches for the bank reference number operator in all the sessions in which the bank reference numbers are specified or processed. If these bank reference numbers does not include an operator, by default LN applies the check that you select here.

10 - Check

LN uses the Norwegian 10 check algorithm to verify bank reference numbers. To overrule this default check algorithm, add the < operator at the end of the specified or generated number.

11 - Check

LN uses the Norwegian 11 check algorithm to verify bank reference numbers. To overrule this default check algorithm, add the > operator at the end of the specified or generated number.

Finnish Check

LN uses the Finnish check algorithm to verify bank reference numbers. No operator is added at the end of the specified or generated number.

Modulo 10 (Recursive) Check

LN uses the Swiss check algorithm to verify bank reference numbers. No operator is added at the end of the specified or generated number.

10 or 11 - Check

LN first uses the 10 - Check algorithm and then, if this check fails, the 11 - Check algorithm. Either one of these checks must be successful. No operator is added at the end of the specified or generated number.

No Check

LN does not verify bank reference numbers. The - operator is added at the end of the specified or generated number. You can use this option for bank reference numbers that cannot be checked with the available check algorithms.

Not Applicable

The bank reference number functionality is not available.

Structured Creditor Reference Check

LN uses the Swiss check algorithm to verify bank reference numbers. You can use this option if the Used for QR-billing check box is selected and the International Bank Account Number is specified.

Company s Default

LN uses the Bank Reference Check value defined in the Finance Company Parameters (tfgld0503m000) session.

Start Date

The date and time from when the bank account is effective.

Note: If this date is not specified, the bank account is effective immediately.

End Date

The date and time up to which the bank account is effective.

Note: If this date is not specified, the bank account is effective indefinitely.

Creation Date

The date and time when the list of bank accounts for the selected pay-to business partner is created.

Created by

The user who created the list of bank accounts for the selected pay-to business partner.

Last Modification Date

The date and time when the bank accounts data for the selected pay-to business partner is last modified.

Last Modified by

The user who last modified the bank accounts data for the selected pay-to business partner.