Payment Tape Creation (AP160)

Run Payment Tape Creation (AP160) to create a payment tape in the ACH (Automated Clearing House) or BACS (Bankers Automated Clearing System) to pay invoices scheduled by the most recent run of Cash Requirements (AP150) with Yes in the Update field.

AP160 creates a payment tape for invoices assigned payment codes defined for tape record output. The cash code and payment code combination assigned to the invoices determine the cash payment format and remittance options. Cash codes, payment codes, and cash payment formats are defined in .

Select a process group if you want to process payments concurrently.This allows you to balance the load. You can run the form multiple times. Enter a different file name on the File Name tab to avoid overwriting the first file.

Run AP160 for each cash code processed by Cash Requirements (AP150). Along with creating a payment tape, AP160 creates a message report indicating the completion status of the form. You must run Payment Closing (AP170) to close the payment cycle before you can run AP150 again.