Customer payment processing
Requirement
For the effective management and allocation of customer payments that are related to open invoices, a file from the bank or an electronic bank statement can be used.
M3 solution
A BOD is created, based on the received bank statement file, by Infor Localization Services GEMS. Infor Enterprise Collaborator (IEC) and the ABS100MI program are then used by the BOD to update the main M3 files for managing bank statements. The bank statement lines can then be automatically allocated to customer and supplier invoices.
For this country version, these messages have been adapted, as made available in Infor Localization Services GEMS, 'Bank Statement Posting & Automatic Reconciliation -100010':
- XC - Bank Statement MT940
- XC - Bank Statement camt.053.001.02
- XC - Bank Statement camt.053.001.08
Configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
| ABS100 | Bank Statement. Open | Set the Release manually allocated invoices (Rel man all inv) field on the settings in (ABS100)
as required. To change this, select . Validate the received statement. |
See the Infor M3 Core Configuration Guide for Infor Localization Services GEMS for the detailed configuration guidelines for the applicable messages.