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Create Payments/List - Purpose
Create Payments/List - Purpose
AP270E
The Create Payments/List program (AP270E) is a batch program that will create the payment header and application records to document the payment. After open items have been selected for payment create payment processing is performed. In addition, this program updates the open item header with the payment amounts, records accounting transactions, and creates the payment transaction records.
The payment transaction records are separated by company, location, bank code, and payment type, with each being a separate member of the Payment Transactions file. Thus, each member of the Payment Transactions file can be processed separately to print payment forms (checks) or to format any type of payment transaction according to bank regulations.
