Banking and Cash | Financial Management
Payment Files
The file the bank actually receives, tracked to what the bank did with it.
What it does
Inside Payment Files.
Treasury can say which payments the bank has taken, not just which ones were approved.
01
Generation in the formats each bank accepts, per account
02
Generated, sent to bank, cleared and failed as states on the file
03
Rejections mapped back to the individual payments inside the batch
04
One file per run, so a payment can never be sent twice
Where it sits
Part of Banking and Cash.
Connected Bank Feeds Accounts connected once, transactions arriving continuously. Bank Reconciliation Statement lines matched to postings, with the difference explained. Cash Position Group cash by entity, bank and currency, current now. Payments and Transfers Outbound payment with approval and verification inside the flow. Cash Forecasting Expected cash built from what is actually committed. Card Accounts Issued cards, limits and spend on the same record as the journal. Cash Operations Deposits, expected receipts and own-account transfers as tracked documents. Direct Debits Mandates held on file, and the collection runs presented against them. Matching Rules How the engine decides two records are the same document, as configuration. Reconciliation Exceptions Every open difference across every engine, in one queue, largest first.
Run Payment Files against your books.
A working session on your structure and a month of your documents.