Payment Order

A Payment Order consolidates multiple payment requests or payment entries into a single document for batch processing. This is useful when you need to process multiple bank transfers at once and generate a payment file for uploading to your bank's portal.

Creating a Payment Order

1. Go to Accounting > Payment Order and click New.
2. Select the Company.
3. Select the Bank Account from which payments will be made.
4. Add payment references in the Payment Entries table.
5. Click Save and Submit.

Payment Order Workflow

1. Multiple Payment Entries or Payment Requests are created.
2. A Payment Order is created to consolidate them.
3. The Payment Order is reviewed and approved.
4. If your bank supports it, a payment file can be generated and uploaded to the bank's portal.
5. Individual payments are processed by the bank in batch.

Bank Remittance

For Saudi banks that support bulk payment file uploads, Payment Order can generate a formatted text file that can be uploaded directly to the bank's portal for processing.

Benefits

• Process multiple payments in a single batch
• Reduce manual data entry at the bank portal
• Better control and approval workflow for payments
• Audit trail linking payments to the payment order

Related Topics

• Payment Entry
• Payment Request
• Bank Account