Payment Proposal Card
Payment Proposal Card is a document that enables you to create and export payment proposal files. After exporting, the payment proposal file is sent to a bank. In the case of direct communication (API or Host-to-Host), the file is sent automatically. If file-based interfaces are used, it is necessary to upload the payment proposal to a banking system.
Creating a Payment Proposal
To create a payment proposal:
- Choose the , icon, and enter Payment Proposal Templates. You can also choose the Payment Proposal action in the Role Center.
The Payment Proposal Card page includes the following FastTabs:
- The General FastTab:
- No. - Specifies the payment proposal number. The number is assigned based on a number series.
- Payment Proposal Template - Specifies the template that is used to create a payment proposal template (non-editable field).
- Status - Specifies the payment proposal status. The following values can be selected in this field:
- Open - The payment proposal in progress.
- Pending Approval - The payment proposal is waiting for approval by an authorized user.
- Approved - The document is ready and payment proposal file can be generated.
- File Name- Specifies the expected final file name that is created on the basis of settings on the payment proposal template (non-editable field).
- Transfer Date - Specifies the date of the transfer.
- Currency Date - Specifies the date of the calculation of the currency exchange rate.
- Sender Contact - Specifies the name and surname of a person sending the transfer. The data is retrieved from the Company Information page.
- Bank Client ID - Specifies the client's identifier. The value filled in this field is used by the bank to unambiguously identify the party that initiated the payment.
- Bank Agreement ID - Specifies the bank agreement identifier. The value filled in this field is used by the bank to identify the agreement concluded between a client and a bank.
- Bank User ID - Specifies the user's identifier. The value in this field is used by the bank to identify the user that sent the transfer.
Tip
The Bank Client ID, Bank Agreement ID and Bank User ID fields are displayed only, if they are required by a specific interface. Field definitions may vary depending on a country and interface.
The Lines FastTab contains specific transfer orders in the form of lines that contain the following fields:
- Recipient Type - Specifies the type of the recipient. The following values can be selected in this field:
- Customer,
- Vendor,
- Employee.
- Recipient No. - Specifies (depending on the setting in the Recipient Type field) the customer number, vendor number, or employee number of a person who is the recipient of the transfer.
- Recipient Bank Account - Specifies the account to be used to transfer the money to (the field available only if the vendor or the customer is a recipient).
- Amount - Specifies the transfer amount that is the sum of the Amount (Line Curr.) field values in detailed lines. The amount is converted into the payment proposal line currency.
- Currency Code - Specifies the currency to be used for the transfer. If the currency code is different from the source account currency, the amount will be calculated on the current exchange rate in the Dynamics 365 Business Central in the Currency Date.
- Bank Acc. Curr. Amount (BCY) - Specifies the transfer amount that is a sum of the values in the Bank Acc. Curr. Amount (BCY) field from detailed lines. The amount is denominated in the sender’s bank account currency according based on the currency exchange rate set in Dynamics 365 Business Central. The field contains a dynamic label with the currency code of the sender’s bank account shown in the brackets.
- Amount (LCY) - Specifies the transfer amount that is a sum of the Amount (LCY) from detailed lines. The amount is denominated in the local currency of the system based on the currency exchange rate set in Dynamics 365 Business Central. The field contains a dynamic label with the local currency code shown in the brackets.
- Transfer Date - Specifies the date of the transfer. This field is filled in automatically with the value from the header.
- Transfer Type - Specifies the detailed type of transfer. The type is set depending on the interface, and it can have impact on e.g. the transfer title format. Transfer types that are available are specific to banks in each country.
- Transfer Title - Specifies the title of a transfer that is generated automatically on the basis of detailed lines and VAT amount. In the case of transfers not linked with any entry, you must enter the title manually.
- Transfer Title 2 - Specifies the title of a transfer. The field is used for specific interfaces.
- Transfer Charge - Specifies setup for the transfer charge (foreign transfers and SEPA only). The following options are available in this field:
- None - Default setup of a bank interface will be used.
- BEN - the amount is charged to the beneficiary;
- OUR - the amount is charged to the issuer;
- SHA - the amount is charged both to the beneficiary and issuer in two equal parts;
- OUR (other account) - the amount is charged to the issuer as with the OUR option, but the amount is paid from the account set in the Charge Bank Account Code field;
- SHA (other account) - the amount is charged to the issuer as with SHA, but the amount is paid from the account set in the Charge Bank Account Code field.
Important
The currency is entered in the Currency Code field according to these rules:
If the payment proposal line contains the recipient number in the Recipient No. field, the value is copied from the recipient card.
If the payment proposal line contains an additional recipient bank account in the Recipient Bank Account field, the line contains a currency that is used for the recipient bank account.
The current version of the application does not enable you to create payment proposal lines based on ledger entries in different currencies.
Important
The Currency Code field can be edited, only if there are no detailed entries linked with the existing payment proposal line.
Note
If the Currency Code field in the payment proposal line does not match the currency used for the recipient bank account, a warning is displayed when a transfer order is created.
- Priority - Specifies the priority of the transfer order. The following options are available in this field:
- Normal,
- High.
- End-to-End ID - Specifies the identifier that is created automatically on the basis of the payment proposal register number and the line number when a payment proposal file is created. On the later stages, this identifier is used to automatically merge and apply bank statement lines with corresponding entries. For more information, see End-to-End ID Settlement.
- Recipient Type - Specifies the type of the recipient. The following values can be selected in this field:
Payment proposal lines also contain fields related to the recipient (including address data) and the bank of the recipient. Data is entered automatically on the basis of the data retrieved from Dynamics 365 Business Central (vendrt/customer/employee cards). If needed, you can change the data manually.
Note
The total transfer amount that is shown in the Sum field is the sum of all the values in the Bank Acc. Curr. Amount (BCY) column in the payment proposal lines.
Tip
Some of the default fields can be hidden by default. To display these fields, select Settings, and then the Personalize option.
Tip
The list of the available fields can vary depending on the applications installed in Electronic Banking Extensions and interface type. For more information, see Local Functionality and Interfaces.