Discover the siop process for banking with airSlate SignNow

How to create outlook signature

hello everyone let's have a quick look at the agenda for today [Music] so we're basically focusing on the banking module within sap business one and uh specifically around you know how to set up processing of payments incoming and outgoing looking at the depositing process working with the payment Wizard and then and then finally looking at how you can use checks within business one um at the end we'll have some time for Q a note that we're not covering the bank reconciliation process in the session today because we've got a separate session we've done a while back or maybe a few months ago where we covered it in a lot more detail and that webinar is available on our YouTube channel so you can always go back there and have have a look at that but our Focus today is on the rest of the banking module so let's get right into it um so the first thing we're going to look at is the setup uh aspects of the banking which can be found under Administration set up and if you go into banking there's a few things that you do need to set up up front so the first thing is of course you need to define the various banks that you work with and you know by default when you the system and you have certain localization um in Australia or New Zealand or Singapore the sort of standard banks that are available in those countries would be loaded but if you start working with someone that's not in there then or bank that you that's not into this you just have to come into this section here and add at that particular Bank into the list of banks so once you've done that then you need to Define what we call the house Banks the house bank is basically the the actual bank account um you know you might have several bank accounts with different banks and so the house bank account is where you define those and so in terms of Australia you'd have the bank code in this case NAB then you have a PSB code which goes into the branch and note for Australia at least you need to have the hyphen separation between the three six digits so right in the middle unit you have a hyphen then you have the account code um and then if you are using checks then at the at the initial startup then you have to Define what the next check number is if you're not using checks then it doesn't matter um you have your GL account so this is the uh the related um GL account in your chart of account structure so there's that one's pointing to my uh bank account number two um and then you can put some other details in um address and such but also important one to note here is the GL interim account this is used if you're doing the if you're using the payment if you're using the payment visit and you don't want the initial payment once you finalize the payment visit to go into your main bank get get taken out of your main bank account if you wanted it to go into an interim account so that once you've processed the payment uploaded the bank file and the bank starts showing that balance or the that transaction or those transactions then you can transfer the balance from the interim account into your main bank account so so if you wanted to do that two-step process then the Geo interim account is required um another couple of things that are important um these are this user number one and user number two uh certainly for Australia and if you're gonna generate ABA files then you need to have um these two things uh populated when you set up your bank account and then in other countries they would have different settings um for New Zealand and for Singapore there isn't a standard file format so it depends Bank by Bank what requirements would be and you know generally we would have to sort of do a mapping for for those um then the next setup is the credit card setup so here is where you define your different types of cards that you that you work with or accept um in terms of the payments or even for outgoing and then in there you're also Define the clearing accounts that are linked so when you receive payment let's say via a MasterCard then maybe it needs to go a separate clearing account so in my case I've got a MasterCard settlement account that that balance goes into and then when you do the deposit that money comes out of the settlement account and goes into your bank account and likewise you have that for all the other other bank accounts and then what you also need is a couple of other settings you also need to have a credit card payment that just sort of defines uh when the money sort of hits your bank and generally these days it's all electronic so it would be immediate but if you had um you know the old school way of sort of swiping a card and then sending the vouchers to the credit card company then you might have some other criteria but that's sort of almost not not not a common thing um and then you have the payment methods again this is just a single setup unless you've got different sort of timings on payments receipts or credit cards um so once you've done that set up then let's have a look at some of the master data that's relevant to this um so on the customers as well as on the supplies um you you need to Define your the bank account details so let's go into one of my um so let's go into one of my suppliers and in here you'll see um in the payment I'm sorry the payment terms section you've got the bank account so this is the bank account that's related to this particular customer um and you've got to Define that if you want to use the payment visit to make the payment you also have the payment terms and this is quite important where you've got early payment discounts so if you were receiving early payment discounts or you give early payment discounts to customers or suppliers then um let's just have a look at this one here so you'll see in the payment term setup you've got this cash discount and if we go and look at that we can see that if you pay the invoice within 10 days there is a two percent discount right otherwise the standard terms are in this case 30 days so you gotta you know if you are using early payment discounts then you'd have to set that up in the payment terms otherwise it's it's not uh you know it's very important um apart from just a standard payment term um then you've got your payment run and the bank account from which you pay this customer or the supplier right that that's important as well as the payment method so these things these two things need to align in terms of the bank account details otherwise um you know the bank the the payment to run will not you know work so well and you you'll get some you know some areas when you when you try to process the payment so these are these are the important things you need to make sure that the house bank account that you've linked to the business partner and the payment method bank account are aligned okay so once you've done that the last thing here is uh payment blocks so if for whatever reason you do not you know wish to pay this supplier at all you've got some sort of a dispute or you know whatever the reason may be and you can you can maintain a list of reasons you want to block payments to this particular supplier then you turn on a payment block now this time and block um is applicable when you run the payment visit you know when you when you're doing a payment just by manually doing an outgoing payment to A supplier uh this this setting is not considered at all however if you're doing a payment wizard run then this this Supply will not even come up because they're on a on a payment hold okay um and then finally if you do want to put a AP invoice on holds if you don't want to pay that AP invoice at all because of some dispute you can certainly go into the individual AP invoice go into the accounting Tab and within that you can make a payment block as well so that's for a specific invoice foreign okay um let's then now look at the processing of transactions um so the first one is the incoming payments under banking incoming payment and then incoming payment um so you get you know the payment screen up you can go pick a customer and once you pick the customer it will list all the invoices that are still to be paid or they may be credits as well or unallocated payments all of those things will list here and then you can just start selecting the specific transactions that you want to pay so here I've got an invoice and a credit for example so I could tick the invoice but I could also take up the credit at the same time so now I've got a balance of 1.20 and then I might take another another invoice let's say that one there and so there's the total amount to be paid now once you've selected the invoices to be paid and confirmed the amount um that will be paid by the customer then you need to go into the payment method so the payment needs now there's a few ways of getting there you can click on the money bag next to the amount here and that'll open up the payment means you could click on the money bag in the toolbar and get there as well you could do a right click and then go into the payment means as well and then finally there is also a keyboard shortcut or if you went to um go to and payment means so you got that option but you can also use the keyboard shortcut Ctrl y to open up the payment means that's actually four ways five ways of getting there to the same screen so here is the payment main screen and once you get into this screen then you've got to sort of specify which particular payment method or means was used by the customer to pay you and the options you've got are check and pardon the American spelling for check I mean as in Australia it would be with a queue um um and and that that depends on the language settings um I think I've probably got the American setting um and so you got checks transfers credit cards and cash very nearly four options available and so we'll quickly run through each one of those and see what what's what's involved um so if you've had selected check then what happens is if a bank account was defined on the customer then those details will already get pre-populated into the payment means of course you do need to enter the check number um so if you if you physically received a check again that's getting less and less common but if you do receive a check then you can type in the actual check number confirm the the PSP or the the rest of the bank account details now if you didn't have the customer's Bank Account Details already saved in the system on the on the customer master and let's just quickly check where it is so on the customer master in the payment terms you've got this section here called business partner bank and in here you can Define multiple Banks if you wanted to um in my case I've only got one and and that's the one that sort of pulls through when I when I went into the payment screen so let's go back into the payment screen um we see those details now you if you if you were if you did receive a different um you know check from a different bank account you can still go in and do it but what will happen is if you typed in a number and if you tried to Tab out it'll search and say well that particular bank account doesn't exist on the customer's master um you know it's going to block you now you can get past this by using the control and tab key so instead of trying to Tab out of the field you go control Tab and it'll accept whatever information you've typed in both the branch and the account field and then you can put in the check number and then the amount now in terms of the amount um you can of course type it in but you can also right click on the field and say copy balance due or there is a keyboard shortcut for this as well which is control B if you type control and B um B for Bravo then whatever amount is on the overall transaction total you get that now if you had a split payment if you know some amount was paid by check some buy cash or something you can of course do that and then in that case you'd have to have a different amount here but in my case let's say the customer is paying full amount um using um using this check okay so I click OK there and then I can click on add another let's if we just check what the journal would look like when I process this um so because it's a check it's going to go into some sort of a clearing account so I've got to check received clearing account that's been debited and the customer gets credited so I click add and so that's now process that payment those uh you know particular invoices or transactions will drop off so the list of open transactions and we find out went into process another payment for the same customer those those particular transactions will no longer be there um so let's quickly run through the rest of the payment uh methods now so um let's just pick one invoice go into the payment means the next one here is a bank transfer so in this case you'd have to pick the GL account of the bank [Music] whatever that may be um and you know you'd have just you'd have to know the account in this case um put in a date and again Ctrl D for the balance and then just click OK and that that would then process that as a as a um incoming payment and it'll it'll debit the bank account immediately so I'm not going to sort of take you through that whole process again um the next one there is uh credit card so let's have a look at that one so in this case again on the customer Master record I have got a definition that says they pay by MasterCard and there is a card number note that sap will encrypt the card details as soon as you type them in so it's not visually of you know you cannot see it when you're looking at on screen and even in the database it's uh it's encrypted and this is due to PCI compliance if you really wanted to process a customer payment um using a credit card and you wanted to do a direct process through a payment gateway then you'd have to consider using um High payments this is an add-on from OEM or I payments that allows you to securely store customer credit card details I mean in fact they're not stored within sat database but rather you get a from the payment Gateway that you store and so whenever you need to pay take money from that particular customer you just sort of use that and then process the process the payment so um again we've got a YouTube video on this so if you went into our YouTube channel and search for I payments you can see how that particular particular process works but in this case because I did have something in the credit cards area on the master when I go in here it kind of brings that through I do still need to type in say the validity so if you were doing a manual process at the minimum you need to select the card type it that will bring through the GL account you'd have to put some sort of a card number and you could you could you could it could just put in a four digit number you'd need to have a valid card so you know so let's say the card expires um in at the end of this year and then you need to put the amount to you again Ctrl B will do the trick on this field and then the last thing that's essential is the larger number so you need to put in something here so this if you process the payment online or if you've got a physical fbos machine and you've process the payment on the machine whatever number comes out of that machine you type that in here as a reference and so Iranian process it and then when you look at the journal entry now you can see it's going into the MasterCard settlement account because that's that's the clearing account we have defined for for MasterCard payments and then we can add that so that finalizes a credit card payment and then the last one last payment type we've got is the um the cache so which is fairly straightforward you go in again you pick with the payment means then you're going to cash it will default some sort of a cash clearing account which is based on whatever GL determination you have but of course you can pick the different um account I mean normally it'd be a battery cash account or something like that um and then again put in the control B for the amount and then you click on ADD and then that will create the payments once again if you look at the journal you'll see it's uh I'm gonna credit the clearing account and debit the cost sorry Target the clearing account and credit the uh customer now for the payment methods cash credit card and checks you have to then go through that deposit step to take it out of those clearing accounts and and put them into the bank which we will look at uh you know shortly um so um let's let's look at some of the other things that are relevant here um so one of those is um discounts so if you're getting a discount you know if the payment terms were such that discount is applicable this would already be showing a discount but otherwise you can go in and type in saying yeah customer or I'm giving the customer five percent discount on on payment all right and that'll then work backwards and and work out a discount amount or you can say I'm actually giving them a ten dollar discount and then it'll work backwards and say well that's you know whatever that percentage may be is that good work either way so let's let's give them a five percent discount so what happens then is when you when you do give a discount and let's stick with the payment means of um of cash when you look at the journal that gets created now you'll see that it's posting that as an expense so we had 148.50 as a discount and what it's done is it's split that into the actual discount and the GST aspect so if you're giving someone a discount on a payment then there is a GST implication and so the system will calculate that GST and and post that as well for you for GST or vat depending on the text jurisdiction um and so and so you'll end up with that sort of a journal entry that that takes care of the the clearing account as well as the GST and and the expense for for giving a a discount and then you can process that as a payment um so the next one we're going to look at is if you do have a foreign currency account or foreign currency supplier and how you process payments for those so if I pick is a US dollar customer [Music] and so systems brought through the exchange rate based on you know whatever data is in the exchange rate tables so there's it came through with that but of course you can go and change that exchange rate and say no actually the transaction I'm getting you know a different exchange rate for my transaction today so let's now pick the invoice that was being paid or invoices that are paid you know it's uh you can pick multiple um of course you can also part pay an invoice so you know for whatever reason we know that actually you know there's a this amount of dispute but I've agreed to pay five hundred dollars on this invoice I can go in and say I'm paying 500. okay so we can take 500 based on the exchange rate the system is calculating the Australian dollar amount and then in here you could have you could have a couple of choices you could have a US dollar or foreign currency bank account and you could pay out of that or you can say well actually I'm paying out on my Australian dollar or my local currency bank account and then you know whatever the amount is now there is a mismatch between what you're paying and what uh what the foreign currency translation is then you need to then just adjust and play with the exchange rate um to get to get to a match um then put the amount in now one of the things that could happen here is that you might end up with a bank charge um let's say I mean we'll come back to the bank charge actually let's just process this first um so so we've got a and um you know funnily enough because the customer is paying us cash which I mean which is highly unlikely it probably more likely be a bank transfer so let's actually make that a bit more realistic um let's go into the bank transfer picked my bank account put in the amounts and put that through and now if you look at the journal entry [Music] you'll see it's process the transaction both in US dollars as well as Australian dollars it's credited the account or debit of the account for the amounts we've paid um but because the exchange rate has moved between when the transaction happened and now it's also posting a realized exchange game and so how did that come about um so let's look at the actual transaction so we we're using a 0.6676 as the exchange rate for this transaction but when the actual invoice happened the exchange rate was 0.7638 so the difference between the two is going into a realized exchange rate again account um and it's and it's crediting and depending on the movement of the change right if you don't have a debit or credit that account so we've done that um and we add the incoming payment and because we've part paid it if we now come back and pick the same um same customer you'll see that that invoice is there but you know now that's balance it's got the original amount and the balance due okay let's now look at bank charges so for whatever reason you're getting charged by the bank or the transaction let's go in um let's go into the money bag let's say it's a bank transfer [Music] and let's say there was a 25 Bank challenge all right so what happens then is sap considers the bank charge as part of the overall so you know if the customer is paying you the full amount the bank charge is part of that and is taken as an expense it's not you know it's not that you're going to charge the customer extra if you need to charge the customer extra you'll need to push through an invoice for that extra charge there is no way of having a an amount that's paying more than the overall balance and then taking the that as a as a bank charged sap doesn't allow that so um what's happened here let's go in and [Music] let's put in my bank account let's put in the Bank charge let's put in the amount we're receiving into our accounts so customers paying us the full amount but the bank is taking 25 as a charge in this case um and so when we look at the journal entry you'll see that there is a bank charge amount so we're not getting the full amount even though the customer's account is getting credited for the full amount once again is a saying that if you are charging the customer over and above their balance then you need to push through a separate transaction for that currently a safety business one doesn't allow for for that scenario and then we can post this um and so a couple other things as far as uh processing of payments concern one is payment on account so if the customer is paying you something and you know it's um um it's a balance um that they haven't told you which invoices they're paying then you just take it in as a payment on account and then so that'll just sit on the account as an unreconcil payment and then later when you go to your reconciliation of the of the customer's account you can apply those payments so if I if I did this and put it in the bank account put the amount in in process it if I then look at the customer's balance [Music] I'll see that as a balance sitting as an unreconciled and then you can go to your internal reconciliation and from here sort of you know select which invoices were allocated to that particular [Music] invoice of particular payments and then and then finalize it like that okay um and then the other one here is the option to say add in sequence so let's have a look at that one see if I pick um a customer and then let's say we know the amount they're paying and they say just you know assign it apply to the oldest payments or the oldest invoices first so they don't want to tell you that they just you know they just say apply it as as you feel fit so let's say the paid us twenty thousand dollars so I go 20 000. and then what I do is I click on this button that says add in sequence and it kind of goes through and checks all the invoices from oldest and if it will also part apply some of them right so the last invoice if it doesn't sort of mesh sent descent then on the last invoice you have part payment so that's your ad in sequence button um and then the final thing here is um in terms of incoming payments of course you can take take payments from customers but you can also take payments from supplies so for any reason where the supplier has a you have a credit with the supplier and you're not going to do any further business and they're going to refund you some money where you can you can process an incoming payment against the supplier select the credit that they that they're clearing I can find a credit maybe I don't have any here but yeah you just pick a credit and finalize it like that or you could have an incoming payment against a GL account so maybe you've got some sort of a miscellaneous Revenue you know there wasn't a customer you got some money um there may be GST I'll be 80 they may not be when you put in the amount and um and then you go in and you know once again just pick the payment uh methods and if you then look at uh the journal entry preview you'll see you know David on the account on the on the bank account credit ex the uh revenue or the whatever the p l account you chose and and then then there's the GST or vat if applicable this generally is used for that it's also used if you're transferring money from One bank account to another you could use this transaction rather than a journal entry okay that covers your incoming payment side of things well the outgoing payment is exactly the same it's just the reverse you open up the outgoing payment screen looks exactly the same you pick a supplier you then go in select the invoices being paid go into your money bag and then you've got the same except you've got you know a bit more Pro the bank transfer and the cash is exactly the same there is no difference so what I'll do is I'll touch on the other ones which is your credit card so in here you can then say which credit card it is then you go pick your credit card clearing account so this is you've got you know maybe you've got a number of different credit cards for staff or you've got a corporate credit card and you have some sort of a clearing account for that you you'd pick that particular clearing account um let's see I got one um you know imagine if this was your credit card and then you just go in and put in the uh the amount and and then process that as a payment like so and then so when you do the journal entry you'll see that it's gone into whatever that credit card clearing is and then you'd reconcile that credit card as a normal bank account so that's for credit cards and then for checks there is a whole process around uh you know using checks and printing checks and so on um which we will you know sort of cover in in a greater detail later in this session so I'll I'll leave that till then um but um the other thing that we should look at is the payment blocks if you remember on the on the on the invoices you can have a payment block so when you pick the customer there is a column here that shows you if that invoice is blocked for payment in this case it is now what the system will do is if you attempt to pay this it will not stop you but when you do um process the payment and when you try to add it actually warns you that one of one of the selected documents are blocked payment and you can still choose to continue okay so that's your outgoing payments um let's now look at the process of depositing funds um into into the bank from monies received and this is for your cash credit card and checks so deposit deposit and so you've got three tabs going across first ones for checks second ones for credit cards three Advanced for cash so with checks you also have the ability to display the clearing account so if you've got multiple clearing towns maybe you've got different branches and you know checks being received in different branches then you might have different different ones on this list and then you go pick the checks being deposited which bank account you're depositing the checks into and then you essentially add that and what happens then is you you've sort of recorded the fact that you're depositing this and then you can print out a deposit slip that you can take with yourself to the bank and and then complete the depositing so that's for your checks deposit similar thing with your credit cards so you know at the end of the day you probably either receive if it's online transactions you'll receive some sort of a um some sort of a clearing document uh or list of transactions that we receive and you match those against this um and then you sort of tick off and say yes if the bank has paid us for these credit card transactions and the monies in the banks again you pick the transactions that have been paid you pick the account to which the money has been transferred to and then you know it's the same thing you you add that and um okay you do also need to have the post dated transaction there and then it basically takes it out of the clearing account and moves it into your bank account [Music] okay and then the final one is your cash deposits fairly straightforward which bank account is it going to and how much you're paying um out of your clearing account and and that's it so so that's the deposit cash okay um let's look at the the checks processes now so um so we go into outgoing payment and if you recall that we had on the um on our house bank account definition we had defined um the next check number so banking those bank accounts and there was the next check again 983. so Let's do an outgoing payment let's pick the voice being paid then we'll go in and do a check and so it's picked up my bank account and if I've got another bank account I came back and select that as well uh and then I've got two options here I can say I'm writing a check I've got a manual book in front of me and I'm just going to type in type into object number right so if you've got a checkbook and you're not doing check printing you're not doing checks too often then that's that's the process you do however if you're doing a bulk check run you know you might have run payment visit run and you've generated number of check payments then what would happen is you'd have this scenario where the check number is not allocated until you do the check printing so I can go there assign the number and I essentially add [Music] so this stage the check number hasn't been allocated I can go in and look at this I can see check number is still zero what then happens is you go into this section called [Music] outgoing payments check for payments so this has generated this transaction called a checks for payment for the amount you can see still check number zero if I went and did the printing now let me just preview this first so this is a you know check layout which has got some sort of a remittance at the top and then the actual check um and then you know the game they can this can be designed but when you print this it kind of says to you please ensure that you have the check number in the printer and then click ok so you've got to then go into the printer put the check number Leaf in click OK and then select [Music] and print out and once you've done the printing it sort of says to you can you confirm whether the check printed successfully or not right so you can either confirm it you can save as damaged you can say it wasn't printed because you know it's if you say damage then that number that check number is voided if you say not printed then of course it hasn't come out yet um and and you can still use the same number uh and same with unconfirmed or if it's if it's worked then you say confirmed and then that number 983 will be allocated to that transaction so we'll if we refresh this you can see now it's got the number 983. if I go into my outgoing payment go into the money bags I can see the number 983. now this is doing it one at a time but if you've got a bunch of checks that need to be paid um or you've done a payment run um you can go into your document printing and say you want to print all your checks and then you know one set up to be printed then well actually I don't have any so let me just quickly post a couple of them let's do that one let's do a hundred dollars on that one and we do it as a check [Music] and let's do another one [Music] let's do another uh let's do 200 on that one and [Music] let's put the amount in so now I've got two checks that need printing I can go into my document printing I can pick the bank account and then I get a list and then from here I can go say print right it's selling me the number is ticked over 984. you want to continue yes um it's putting on printing those two checks and then it's asking me to confirm whether those have been printed successfully I can go and sort of do that confirm all of those in bulk and we're done now so that's the process by which you manage the check stock within um business one now for whatever reason there was a problem the check um didn't you know had a problem after you've confirmed it you can still go back in and just sort of avoid to check um so you know avoid checks for payment and go into the list and we can say that one there there's a problem I'm waiting it all right and then it'll cancel it cancel the payment and then you can go back in and um do some further processing okay um all right so then the final topic of the day is the payment visit so this is um so you can obviously do one outgoing payment at a time you know manually select a supply and make a payment or you can use sap business one to make recommendations based on criteria using the payment visit so payment visit as a visit so there's multiple steps so we start a new one um and so it's the date what I'll be doing so if you were doing check runs you could do checks or you do Bank transfers um and then so you go into the next you select the suppliers you want to add for this payment so you can do it by supplier group you can do it by some sort of other criteria including properties and you go add to list that leads adds all the suppliers that um that have a balance you also got the expanded selection criteria so you can use you know a UDF or some other criteria on the BP Master as a selection so next the most important thing here is the due date right what what invoices do you want to pay when are they detail so you pick whatever the due date you want to do so if you wanted to do only at the start of this month then you can say only invoices do you up to that date so next select the bank accounts you want to payout off then in here the important thing is um the max outgoing payment so if if you have a positive balance in the bank that's the amount that comes through if you have a negative balance or you know overdraft that you need to go in and say what's the max amount you want to pay I'm saying 200 000 then I get a list of invoices or supplies that need to be paid if I click on expand all I see all those invoices that have been selected as part of this and if I then see well why isn't a certain invoice or why is it a certain Supply are missing you remember we made one of the suppliers on a payment block you can go into this thing called the non-included transactions and it will show you you know the business partner selected is blocked for payment runs laser car so we can't pay lasercom because they're on a block and then you've got a scenario where the max amount is greater than amount permitted in this payment run so we selected two hundred thousand these things aren't getting paid because it's exceeding here's an invoice that's not being paid because it's blocked for payment runs so you'll see the various reasons why something's not getting getting on the list and then from here you can still select and decide which invoices should be paid so let's say I just want to pay those two invoices from Max ctec um in that invoice and the rest I don't want to pay [Music] all right so here's I'm just paying two suppliers um I can also add a manual row so if uh if there's a supply I want to prepay something or as a customer I want to re refund some money I could go in and manually add that in here [Music] um and I go to next and then I've got a few options I can either save the selection criteria which means that I can come back and rerun this and then it might look a bit different because transactions have moved um or I could save the recommendations if I do that then all the invoices that I've checked off um are now saved in this particular payment run and if I created a second payment run those invoices will not appear in that run or I could execute a payment order on now what's the payment order on it's it allows us to create the bank file before creating the actual outgoing payment in sap why would you want to do that well it's probably because you've executed you want to make sure that you successfully upload the file to the bank it's accepted it and then you run the actual payment in sap to try and sort of make sure the two systems are aligned or you could just execute the time and run that would create the payment in sap and then from there you can sort of complete so yeah let me just save recommendations which isn't too different from just executing a payment order run um so if I did that so it's a recommendations I haven't paid anything I always don't say the recommendations I can then come back [Music] and I can load and there's that one that's sitting on recommended if if I had made a payment order then it'd be sitting as a status of payment order I can also go look at the old previous ones that have been executed right so that's also possible why would you do that because you've generated you you had a problem generating the bank files you need to come back in rerun this review this and generate the bank file but here in this case I'm just going to pick the recommend date and I could just go to the final step now view what was selected remember if something's been selected in this it will not appear in a subsequent payment form unless you cancel the statement right right so we'd need to cancel this payment plan if you if you needed to do that and then I could just execute the payment run foreign [Music] successful two payments were created from here you could go print your remittances if you wanted to you can view all the other details uh what was paid um what the amounts were what the totals were which bank account which supplier all those things are available here and then you can also generate the bank file if if it's set up if your cost suppliers are set up correctly if you've got the payment if you've got the banking side of it set up correctly then you can do that and and then you're done