Overview
This process is designed to process payment requests that have been approved and ensure that outgoing payments are processed. This procedure is performed regularly and periodically, and depends on the payment policy of the enterprise.
The process starts with viewing the list of payment requests for the certain planning horizon. Typically, it is a seven-day when there is one payment date per week.
It follows with the performing cash availability check.
Once verified against cash available, all payment requests are allocated to bank accounts and scheduled for payment today.
Finally, the payment data is generated, checked and transferred to a bank for the processing.
As a result of the process, the outgoing payment is performed.
Video guide
Perform outgoing payments without bank EDI flowchart
Paths
| Path | Treasury → Cash forecasting → Cash forecast |
|---|---|
| In-app link EN code |
e1cib/command/DataProcessor.CashForecast.Command.CashForecast
|
| In-app link RU code |
e1cib/command/Обработка.ПлатежныйКалендарь.Команда.ПлатежныйКалендарь
|
How to view payment requests pending processing
1. Go to Treasury, then click Cash forecast under Cash forecasting.
2. In the Cash forecasting workplace, click View mode and select Request list, select the Company.
3. Specify a planning horizon by entering the Planning days.
4. Click More actions and click the Settings.
5. In the Cash forecast settings menu, clear all options, then click Apply and close.
6. In the Cash forecast workplace, click the Payment list report.
7. In the Payment list report, check the payment requests grouped by Currency and Cash flow items, check the total amounts.
How to perform cash availability check
1. In the Cash forecasting workplace, click View mode and select Requests → Cash forecast.
2. On the left window, find the payment requests pending processing.
3. On the right window, find the cash amount available, divided by Bank accounts.
4. Check the amounts of all payment dates in the Not allocated payments line against the total cash amount available.
5. Escalate cash availability issue.
6. Right-click on payment requests to be postponed, click Transfer to the date and select the payment date in the future.
How to allocate and schedule outgoing payments
1. In the Cash forecasting workplace, click View mode and select Requests → Cash forecast.
2. Right-click all payment requests, click Transfer to the date and select the today's payment date.
3. Right-click on the payment request, click Transfer to another account and select the required Bank account.
Note
You can assign a payment request to a bank account with the same currency.
To assign a payment request to a bank account with a different currency, open the payment request and convert the initial amount into the new currency.
4. Right-click on the payment request, click Schedule for payment to set the Scheduled status and move to payment execution.
Note
or Drag and drop payment requests to the required Cash account or Bank account.
5. Click the Payment list report.
6. In the Payment list report, click Settings.
7. In the settings form, select Advanced view mode, select Scheduled in the Status filter, then click Close and generate.
8. Check the payment list for execution.
How to generate payment data and transfer to a bank
1. In the Cash forecasting workplace, click View mode and select Cash forecast → Payments.
2. Select a bank account and find a list of payment requests allocated to that account.
3. Select payment request, and click Generate outgoing payments.
5. In the Outgoing payments document, check the payment data filled in automatically.
6. Create a new payment order, fill in with the payment data, and send it to a bank.
7. In the Outgoing payments document, select the bank document type, enter bank ID number, date. Click Post.