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Defining the header details

You can specify common or batch control information pertaining to batch payments using the payment header page. Payment header details include:

•       The number of instruments

•       Total value of all instruments

•       Conversion rates or rate types

You can add individual transactions to the batch.

 

You must specify the following transaction details:

 

Template settings

Advance settings

General information

Specifying payment details

 

Fields marked with an asterisk (*)are mandatory.

You can also fill in partial details, and complete the transaction at your convenience later.

Specifying Template Settings

1.     Specify the following details:

•       Template Name: Specify a name to uniquely identify the template.

•       Template Description: Specify a description for the template.

•       Start date: Specify the start date for the template.

•       End date: Select the end date for the standing instruction.

•       Fusion Cash Management supports the following types of payment templates:

–       Repetitive: The Sending Account and Receiver cannot be modified.

–       Semi Repetitive: The Sending Account cannot be modified.

–       Non Repetitive: The entire template can be modified at the transaction level.

•       Control Field: Select the required control fields from the drop-down list. You cannot edit the fields selected in control fields when you are creating a transaction using the template.

You can select all or deselect all control fields. To lock additional fields, select the required control fields.

•       Select the required option from Credit or Debit.

–       Prenote - Indicates a zero transaction and validates the bank details before sending a transaction with an actual amount.

–       Confidential - If this check box is selected, the template details are visible only to the maker of the template.

–       Hold Until - Allows you to mark a record on hold till a specific date.

•       Currency: This field is auto-displayed.

•       Product: The selected product is displayed automatically.

Advance Settings

2.     Specify the following details:

–       Maximum Executions: Specify the number of times the template can be executed. The template becomes inactive after the specified executions are done.

–       Warning Days: Specify the number of days prior to which a warning must be displayed, if you are creating another transaction using the same template.

If a transaction is created by using the template on 16th August and warning days are set as 10 days, a warning is displayed if you try to create another transaction before 26th August.

–       Order Transaction By: Select the account type and select the order of the transactions included in the account.

•       If you want to customize the template (If different from Payment Package), specify the following details:

–       Roles: Select the required roles.

–       Users: Select the required users.

–       Approval Matrix: Select the approval matrix.

–       Payment Workflow: Select the required payment workflow.

The selected Payment Product is displayed automatically.

General Information

3.     Specify the following general information:

•       Sending Account: Select the account from which you want to transfer the funds.

•       Company ID: Select the company ID.

•       Company Entry Description: The company entry description is auto-populated. You can edit the description.

•       Company Discretionary Data: Specify an additional information, if required.

•       Payment Currency: Select the required currency.

•       Payment Reference: The reference for the payment is auto-displayed.

•       Calculate Totals: Select the Calculate Totals check box, if you want to zero proof your transaction and specify the total amount of the instruments.

•       Company Details: The company details are auto-displayed.

Specifying payment details

4.     See, Specifying the payment details

 


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Cat ID: FCM4.6-00-U02-1.5.3-201903

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