If one company code pays centrally for others in your organization, all the open items of a customer/vendor that exist in several company codes are paid together, provided:

• The company codes are located in the same country

• The local currencies and where appropriate, all parallel currencies, are identical

The paying company code is the one that settles the open items; the postings to the bank accounts and sub-accounts are made to this company code.

Either the paying or the "sending" company code (i.e. the company code against which the receivable exists) can function as the sending company code:

• If the paying company code should also be displayed as the sending company code for the customer/vendor, you should specify it as a sending company code.
  If you do not specify a sending company code, the system automatically takes the paying company code as such. If this is the case, the open items are grouped together in a single payment. With such a payment you cannot see from the payment transfer medium which company code owed the payable.

• If you want to specify which company code owes the payable to the customer or vendor, specify this company code as the sending company code.
  If you do this, all the items which have the same paying and sending company codes are grouped together for payment. A separate payment form is generated for these items.
  On payment advice notes, a note is recorded stating for which company code the payment is made, (for the sending company code). This is not possible in the case of other payment forms. If necessary, you can configure the payment program in such a way that a payment advice note is also printed in the case of other payment forms.

The standard forms for the payment advice and the check with payment advice contain a separate text element for the note on the sending company code. If you define your own forms, and want such a note, you must add this text element to them.