Compiling a payment file in ERPLY Books
This manual explains the nuances of compiling a payment file and how to send it to the bank.
According to company’s rules, choose the invoices that you need to pay for once in day, once in a week, month… Then check the payment file data: check the info and make some corrections, if needed. Choose the right payment type and download the payment file. Now you can download this file to your bank.
This manual will describe all the details more thoroughly.
1. Open Payables
Open the “open payables” module (click on the dashboard’s button “Payables” or go to “Purchases” > “Open Payables”). Choose the invoices that you want to pay for and then click on the button “Create payment file”.
2. Compiling the payment file
2.1 Company’s data
When you have clicked on the button “Create payment file”, a new page will open where you can see your bank information and those invoices that you have chosen. Bank information is displayed based on the information that you have added in module “Organisations Data” (“Settings” > “Organisations data”). If you haven’t filled in the information in “Organisations Data” then you will receive an error message (fill in the information about bank’s name, bank’s account number, IBAN and SWIFT.
2.2 Different payment types
Click on the “Type” cell arrow and a list of different file types will open.
Different file types:
SEPA – SEPA payment is EU payment that connects all the EU countries and Iceland, Liechtenstein, Monaco, Norway and Swizerland into one payment zone. That allows people and businesses to send and receive electronical payments (international and domestic payments).
Maksekorraldus – Estonian domestic payment
QBO (3 on a page) – For checks
Bank of Bahamas – For checks
QBO (middle) – For checks
QBO (top) – For checks
DLM102 (middle) – For checks
W9085 (top) – For checks
QBO (bottom) – For checks
Remittance Advice – You can send an email to your supplier with information of what invoices you paid for
ABA – Australian payment file (Australian Bankers’ Association file)
Swedbank – You can’t see this option under types. This is separate integration between ERPLY Books and Swedbank. This helps to send payment orders automatically. Click here, to find more information.
2.2.1 IBAN validation
IBAN is validated when you choose “SEPA” payment type. IBAN is used In EU countries with a purpose to make payments faster and more efective. Payments systems that are used in EU countries can recognise and confirm customer’s account numbers when using IBAN.
When you get a notification that says your IBAN isn’t valid, but you find that everything is right, then click again on the “Create payment file” button.
2.3 Suppliers bank information on invoice
If you haven’t added suppliers bank information then these rows are empty. You can add the information in “Create payment file” module. If you have added all the needed information click on a button “Create payment file”. Then the system will download a file that you can upload to your bank.
2.4 Prepayment/ salary payments/ other payments to supplier
When you click on a “+” button, then a new window will open:
Enter the amount and supplier’s name who you want to make a prepayment or add some other payment.
3. Marking invoice as paid
NB: Use this only when you don’t use “Confirmed and payment sent to bank” process and bank import.
There will be a new button “Mark as paid” in the menu below after you download the payment file. If you want these invoices to be with paid status, then click on that button. ERPLY Books will not mark invoices as paid by default. Therefore, this is customers choice: if you want these invoices (that you chosed to make a payment file) to be marked as paid, then click on that button. We recommend to choose the invoices that you paid in bank import. Button “Mark as paid” is only for customer.
What account is used?
Go to “Settings” > “Initial Data” > “System accounts”. There is an account “Pending money” where you have set an account that the system uses. You can change it if you want to. If so, then make all the needed changes and save.
4. Reference number
If you made two payments to one supplier, but the reference numbers were missing then the system will add those two payments together. Therefore you paid two invoices with one payment. A description “1. invoice number, 2. invoice number” will be added when you make a bank transaction (when there are no reference numbers and the payments are added together).
1. What payment have I already sent to bank?
Go to “Settings” > “Configuration” and add a tick in front of “Change invoice status to “Confirmed and payment sent to bank” while doing payment file”. If you have added the rule, then it is tracked what invoices are already sent to bank.
If you compile a purchase invoice, then by default status is “not confirmed”.Process:
- You can change the status when you open the purchase invoice.
- You can make bulk changes when you go to “Reports” > “Purchase invoices”, choose the needed purchase invoices and click on a button “Confirm”.
- You can see confirmed invoices under “Open Payables”.
- Go to “Settings” > “Configuration” and make a tick in front of “Change invoice status to “Confirmed and payment sent to bank” while doing payment file”. When you add a payment file, then after compiling the invoice, the program changes the document status automatically to “Confirmed and payment sent to bank”.
- If you need to pay for the same invoice again (something happened to the payment file), then open the invoice and add the payment manually.
2. Can I compile the payment file according to the invoice due date not with today’s date?
Because this is a setting that you add to your company, you can add this setting under “Configuration” as well. Make a tick in front “Create payment file with a deadline date”.
When you choose invoices under open payables then ERPLY Books will add due date or today’s date (when due date is in the past) as a payment date.
NB: If there are several payments with different dates to one supplier, then there will be several payments, not one (these are not added together).