AP Settings - Payments tab

Navigator > Setup > Accounts Payable > Settings > Payments tab

Payment Method

Electronic - payments output to a file for electronic banking. Remittance advices may be emailed (or printed) if desired.
Credit Card, Direct Debit, Letter of Credit, Manual, or Telegraphic Transfer - used for payments made without computer generated documentation, for example payments made by bank authority.
Remittance - used for payments made manually but where a remittance advice will be emailed (or printed).
Computer Printed Cheque - computer generated cheque with optional remittance advice, Cheque printing required, Inactive method in NZ.


Payment Method options
One-off	Selected, Payment Method is available when entering individual payment transactions. Unselected, Payment Method is not available for transaction entry. Usually unselected for Electronic Payment and Computer Printed Cheque.
Batch	Selected, Payment Method is available for batch processing in Approve for Payment and Generate Payments. Unselected, Payment Method is not available for batch processing.
Media Code	Map Payment methods to Media codes for Cash Book Banking items.
Default Reference	The Default Reference to use when a reference has not been entered for a payment.
Inactive	Payment methods can be made Inactive if not required.
Electronic Banking (Only enabled if Cash Book not available)
Definition File	Select a Definition file for the bank format to export for electronic banking. Standard definition files are provided for the main banks. To create a custom definition, see AP Electronic Banking Designer.
Export File	The file name for the file created from electronic banking, select a location and file name for your electronic banking software.
Our Bank Account	The bank account number payments are made from.
Generate Payments
Default Comment	Set the default Comment to appear on payments. None - the Comment field is left blank. Single transaction reference - if only one invoice is being paid for the creditor, the Comment will default to the invoice number. All transaction references - the Comment will default to a list of all invoice numbers to the limit of the space available.
Exclude Email Creditors from Remittance Printing	For batch email remittances, sets the default when printing remittances. Remittances will only be printed for creditors without an email address. Defaults to Selected for new companies.