Enter External Payment Recipients

Explanation

This activity is used to define addresses and identification codes, such as SWIFT etc., for external payment recipients. The entered data is then used when setting up payment addresses for customers and suppliers. It can be also used for planned non-supplier payments when the recipient type is set to 6 (NONSUPP).

Prerequisites

N/A

System Effects

As a result of this activity, external payment recipients are entered in the system.

Window

External Payment Recipients

Related Window Descriptions

External Payment Recipients

Procedure

1. Create a new record.
2. Enter a recipient type in the Recipient Type field, by using the List of Values. The Description field is filled in automatically.
3. Enter an identity in the Identity field.
4. If you entered 6 as the recipient type, enter a payment method in the Payment Method field. The List of Values can be used to select the required payment method.
5. Enter address information in the appropriate columns.
6. Enter a clearing code in the Clearing Code field.
7. Save your changes.