Cash flow ➔ Payments ➔ Prepayments & transfers
A prepayment implies creating and making a payment prior to receiving/sending the purchase/sales invoice. The prepaid term then needs to be authorized and processed. Prepayments are created in the purchase/sales orders and can also be created manually.
Transfers refer to Electronic Funds Transfer (EFT). EFT enables corporations and individuals to provide secure direct payments electronically without issuing paper cheques or moving cash monies.
You can filter the prepayment/transfer that you want to display. To search for the prepayment/transfer, you can define one or more of the following criteria and click Refresh. The prepayment/transfer that matches the search criteria you have entered is then displayed.
Select Prepayment or Transfer to display the search results accordingly.
Type or select a date range to display the prepayments/transfers within this range. Alternatively, select All for all dates.
Type or select a cash instrument number to display prepayments/transfers that are made based on this cash instrument. For more information, see Selecting cash intruments.
Type or select a creditor to view all prepayments/transfers by the selected creditor. This option is only available if you select Prepayment at Selection. For more information, see Selecting accounts.
Select this check box if you want to include tax creditors such as the tax authority.
Click this to display the search results according to the defined criteria.
Click this to link a prepayment term to the bank/cash instrument from which the payment was made. For more information, see Linking prepayments.
Click this to display the creditor card of the selected account. For more information, see Viewing creditor cards.
Click this to delete the selected prepayment/transfer.
Click this to open the selected prepayment/transfer. For more information, see Creating prepayments and Handling interbank transfers.
Click this to create a new prepayment/transfer. For more information, see Creating prepayments and Handling interbank transfers.
Click this to exit.