Payables & Cash Management

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    Sirisha
    How do we know a specific payment method is Electronic
    Topic posted September 25, 2019 by SirishaBlue Ribbon: 750+ Points, last edited September 25, 2019, tagged Financials, Payables 
    44 Views, 9 Comments
    Title:
    How do we know a specific payment method is Electronic
    Summary:
    How do we know a specific payment method is Electronic
    Content:
    How do we know a specific payment method is Electronic

    Comment

     

    • Karthikeyan Sukumar

      Hi-Where & what can you be more specific on the question ?

       

      Thanks!

      Karthik

    • Sirisha
      In the attached screenshot how do we know which payment method is electronic.
    • Sirisha
      Do we have any other screen where we can see if it is Electronic or Check?
      • Karthikeyan Sukumar

        You can define the payment method at the Profile/Address/Site level.If anything is marked(ticked) as Electronic and is having associated Bank Accounts.Then that will be the Electronic.

        For the above the Electronic is not marked.Only the GS Manual Wire EFT is marked.Just check the bank account for this .If it is having the valid bank account/routing then it is Electronic else it is not

        Thanks!

        Karthik

    • Sirisha
      If there is no bank account for supplier then we should assume it as a check?? what if few suppliers dont have banks setup but the payment method they check the electronic payment method, then how do we consider it as not an electronic. Please advice
      • Karthikeyan Sukumar

        Unless it has been marked as check then only it is CHECK

        If it is marked as ELECTRONIC still it will be electronic payment method.

        If you don't have valid bank account then it will get failed during the payment process

         

         

         

    • Sirisha

      Business Created a few custom Payment methods. So how do we know which Payment method is Electronic?

      • Julien Dubouis

        Hi Sirisha,

        The payment method only gives you some validations and helps you to segregate your installments in the payment process requests. It's the payment process profile (that can be limited to some payment methods) that gives you the processing type, printed or electronic.

        Regards,

        • Glen Ryen

          Hi Sirisha,

          Julien's correct, nothing about the Payment Method is inherently electronic or printed - it's all about the PPP that can (and does) pick up an installment with that Payment Method for processing.  Your 'GS Check' custom Payment Method could conceivably end up both printed in-house (some invoices) or electronically sent to a bank for outsourced printing (other invoices).  It's up to you to understand the payment module design and the PPPs are at the heart of that.

          Hope that helps,

          Glen