Outgoing Payment Through Bank Transfer Using the Payment Wizard

You use the payment wizard to create a bank file containing an instruction to make an outgoing payment to a vendor. When SAP Business One generates the bank file, the bank posting is posted to a bank interim account prior to clearance on the bank statement. You receive the bank statement which shows that the outgoing payment has been cleared. You enter the relevant transaction row in the Bank Statement Details window and SAP Business One matches it to the outgoing payment amount. When the bank statement is finalized, the interim bank posting is then cleared and transferred to the bank G/L account.

Note Note

Only relevant fields are shown

End of the note.

Bank Statement Details
Operation Code - Internal Code	Dates from the Bank Statement - Row Date	Dates from the Bank Statement - Due Date	Currency Details - Payment Currency	Currency Details - Exchange Rate	Payment Currency Amounts - Outgoing Amt	Local Currency Amounts - Outgoing Amt
BP to/from bank acct	4/13/2009	4/13/2009	EUR	1	100	100

G/L Account Postings
Business Partner			Interim Bank Acct			Bank
Debit	Credit		Debit	Credit		Debit	Credit
(1)100			(1)100	(2)100			(1)100

(1) Payment

(2) Clearance