Edit payment transaction settings

Select Organization > Master data > Banks > Edit payment transaction settings.

In the payment transaction settings, you can make the following settings relating to payment transactions.

Payment transactions - General

Create payment advice note from
Specify from how many items per target bank a payment advice note should be created for notification. This depends on how much text you send in the note to payee. As a rule, an AVIS is recommended from 3 or more items.
Separate transfers to a target bank account by personal account number
A transfer normally comprises payments from a payment run that have the same target bank account, house bank account and value date. With this setting, you add the personal account as an additional criterion.
Remove account statement
Should it be possible to remove uploaded statements (mt940, camt53) or can they only be hidden when inactive?

PDF system format or individual layout
You can find more information on creating an individual layout in the document layouts section.

Specify the elements from which the payment reference is to be generated.
This is filled in the XML file generated in the payment and direct debit run if a payment reference is not transmitted at the same time.

Determine from which data field the payment reference is filled. If a payment reference is transmitted, no payment reference is transmitted as the reference specified by the supplier is unique for the supplier.

Posting bank transactions
Set a posting text proposal for posting bank transactions.
Do not post payment list
Normally, when the payment list is generated, a posting is triggered via vendor to the house bank's transit account. This automatically clears the open item. Here you can select "Yes" to suppress this automatic process.

SEPA Creditor ID
Here you store your creditor ID centrally. You store the mandate reference yourself at the contact in the customer role.

To make mandate references distinguishable, specify here the basis on which the printout is generated.

Show as batch booking on the bank side
The term "batch booking" refers to the "payment collector". By selecting the checkbox, you instruct your bank to execute the payment run as a batch booking or batch transfer. The account transactions only show the total, which you normally post against the transit account, resulting in a zero balance. See also: Do not post payment list.
BIC is a mandatory entry
In the EU, it has been sufficient to enter the IBAN since 2016; this is different for non-EU countries (e.g. Switzerland).
Select the checkbox if the BIC is to be checked.
Address is a mandatory entry
If you select the checkbox, the full address of the beneficiary (or debited party) is a prerequisite for executing the payment run (Contact, General role, Main address: street, zip code, city, country).