Generating payments using Payment Run

Payment Run (PYR) is used to settle selected outstanding transactions on creditor/payables accounts and on client accounts with a credit balance.

It can trigger the creation of the necessary payment documentation, for example in the form of remittances and cheques. It can also produce a bank transfer file for electronic transmission. You can optionally use Payment Selection and Review (PYS) to initially select transactions for payment and save them in a payment set, before sending them to the payment run.