This activity is used to specify the payment formats that should be used in your company. All existing payment formats are shown in the Payment Formats per Company window. Select the Used in Company check box for a format, to make it available in your current company and to allow connection to a payment method.
If the payment format is used somewhere, i.e., already connected to a payment method for your company, you cannot clear the Used in Company check box.
There are no prerequisites for this activity.
The payment formats you have selected are available to use in your company. Only the selected formats will be visible and possible to use when defining payment methods for your company.
Payment Formats per Company
Format Specific Info per Institute
Format Specific Info
To specify a payment format for your company:
To validate the bank identifier codes connected to bank addresses against the information entered in the Bank Identifier Codes window. (Note: This is relevant only if the payment format you selected to be used in the company is SEPA or SEPADD).