Process Payments (tfcmg1240m000)

Use this session to combine payments into a batch.

Note: When processing the transfer of payments using this session (creating the SEPA file), LN updates the appropriate address related data in the Payment/Receipt Elements (tfcmg0123m000) session to ensure that the checks are printed for the specified Pay-to Address.

If the Payment Batch Approval check box is selected in the CMG Parameters (tfcmg0100s000) session, you can only compose a batch after an authorized user approves the batch.

Payments to a business partner can be added to a batch if the payments have the same:

The number of payments to be combined depends on:

  • The composing option
  • The composing limit

If you use payment agreements, you must apply the payment agreements before you can process the payment batch.

Field Information

Payment Batch

Select the payment batch.

You can select only the batches created in

  • Payment Advices (tfcmg1509m000)
  • Select Invoices for Payment (tfcmg1220m000)
Payment Process Default ID

Select the payment-process default identification code created in Automatic Process Defaults (tfcmg1190m000) and Automatic Process Defaults by Bank/Payment-Receipt Method (tfcmg1191m000) sessions.

Default Bank Relation

Select the default bank relation to make payments.

Text for Remittance

Enter the text that you want to print on the remittance advice message.

Include Remittance ID in Reference

If this check box is selected, the batch number and the compose sequence is included in the reference for the selected payment batches. This check box optimizes the payment and / or receipt process for the matching and reconciliation of EBS.

Suffix (Norma 68 or 34-1)

If applicable, enter the suffix used for Spanish payments.

Home Currency

The currency used to make payments.

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