Payables Payment
Payment proposals are created to create payments for invoices. Payments are not finalized until the payment proposal is approved. Once approved , system automatically create the payment batch containing all the payments for vendors. Once the payment batch is created , invoice balnace is reduced with the payment amount . Payment batch is the final payment register.
Payment Proposal
Article showcasing Payment Proposal and its purpose in Billing and Receivables
Payment Batch
Article showcasing Payment Batch and its purpose in Billing and Receivables