Generating Bank Remittances

After the bills of exchange have been selected for remittance, you will need to generate bank remittances which will be presented to the banks for cashing. The programs assign a remittance number to the selected group and creates a remittance report that you can send to the bank you are remitting the bills of exchange to. The system changes the status of the selected bills of exchange to Include in Remittance and updates each bill of exchange with the remittance number and bank information.