Creditor Maintenance - Payment Details tab

Use the Payment Details tab to maintain:

the creditor's default currency
default payment methods
bank account details, if the default payment method is by EFT
payment notification methods.

Opening the Payment Details tab

To open the Payment Details tab:

Select Module > Creditors > Creditor Maintenance.
The Set Creditor Search Criteria window is displayed.
Tip: You can also access the Set Creditor Search Criteria window by clicking .
Search for the creditor. See Searching for creditors.
The General tab of the Creditor Maintenance window is displayed.
Click the Payment Details tab.
The Payment Details tab of the Creditor Maintenance window is displayed.

Creditor Maintenance - Payment Details tab key fields

Field	Description
Currency	The creditor's default currency. If no currency is selected, invoices default to the currency of the selected bank account. Note: Foreign Currency must be enabled in Finance Configuration Maintenance to allow creditors with foreign currencies. See Synergetic Financial Configuration - General tab in the Finance manual.
Default Payment Method	The default method of payment to the creditor. Values include: cheque EFT.
Send Separate EFT for each Invoice	Select if you send a separate electronic funds transfer for each invoice. For example, this enables easier matching between invoices and payments but increases the number of transactions.
BSB	Unique number which identifies both the bank and the branch of the creditor's account.
Account Number	Creditor's bank account number.
Payment Notify Method	Method of payment notification. Either: Email Remittance advice Facsimile No notification. Note: The details need to be set up to enable the email and facsimile payment notification methods to work.
Payment Email Address	Select the email address the creditor uses to receive payment emails (remittances): Default Home Occupation. Payment (remittance) emails are sent to the Payment Email Address (this field) and purchase order emails are sent to the Purchase Order Email Address on the Account tab of Creditor Maintenance. See Creditor Maintenance - Account tab. You can configure the creditor to use different email addresses for payments and purchase orders by selecting a different email address type in each field. For example, you could select: Home Email in the Payment Email Address field Occupation Email in the Purchase Order Email Address field. To update a creditor's email addresses, see: Community Maintenance - Phone tab Community Maintenance - Occupation tab.