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Defining the header details

You can specify batch information pertaining to batch payments using the payment details page. Click the (info) icon to view the following additional batch information:

•       Company Details

•       Payment Source

•       Product

•       Type

•       Entered By

Status, Additional Information, and Audit information is displayed during Paid and Modify record status.

You must specify the following transaction details:

Specifying template settings

Advance settings

General information

Specifying payment details

Fields marked with an asterisk (*) are mandatory.

You can also fill in partial details, and save the transaction for later use.

Specifying template settings

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 recurring transaction.

•       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 field. The selected fields are locked and cannot be edited while creating a transaction using the template.

•       Credit: The nature of the transaction as Credit is displayed on the page based on the selected product.

Following is example of Template Settings:

Advance settings

Specify the following details:

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

–       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 order of the transactions to be included in the batch and specify the ascending or descending order.

•       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.

–       Payment Workflow: Select the required payment workflow.

–       Define Approval Matrix: Select the check box to create an approval matrix for the template. For more information, see Creating approval matrix for a template.

General information

Specify the following general information:

•       Debit Account: Select the account from which you want to debit the funds.

•       Payment Reference: The reference for a payment is auto-displayed, as configured. However, you can specify the payment reference.

Following additional information is required for the Cash Payment transactions:

•       Payment Currency: Select the payment currency in which you want to make the cash payment.

•       Rate Type:  If the payment currency and the debit account currency is different, conversion rate is applicable. By default, Sheet Rate is applied.

•       Control Totals: To zero proof the batch transaction, select the Control Totals check box and specify the total amount for the batch.

Specifying payment details

See,  Specifying the payment details