Batch Payment Process

Batch Processing involves setting up and processing a batch of payments to a number of creditors.

The payments are based on outstanding creditor invoices. So the key task is to select which invoices are to be paid. This selection is based on user-defined criteria, which would include selecting invoices that are due up to a certain date. Invoices must also be released before they can be paid, and the creditor’s account must be set to a To Be Paid status before a payment will be generated to settle the outstanding invoices.