Processing Payments

You can quickly process your payments using the Payment Processor. This Processor is a program that is available in the Exo Finance add-on module. It enables you to process cheques or direct credit payments for creditors singularly, or in a batch.

Cheque Payments

The Payment Processor prints the cheque, the remittance advice and allocates the payment against the account in one complete process.

Direct Credit Payments

For direct credits, the Payment Processor creates a file that is loaded into your desk-banking program. The file for your specific bank needs to be loaded in the set up. You can also email the remittance advice to the supplier.

Manual Cheque Payment

The Payment Processor allows you to create a cheque for an invoice that does not require the creation of a Creditor.