A company has a business requirement to pay small suppliers outside of the system, but it does
NOT want to manually record each such transaction.
Which solution should be implemented?
A.
Create Payment batches using a check payment method for those multiple suppliers and
destroy those checks.
B.
Create payment batches using an electronic Funds Transfer (EFT) for those multiple suppliers
and then do not send the resulting electronic file to the bank.
C.
Create batches using a clearing payment method for those multiple suppliers because the
payment method does not generate a file.
D.
Create payment batches using a wire payment method for those multiple suppliers and then
delete the resulting electron file.
E.
Create payment batches using bills payable functionality for those multiple suppliers and then
delete the resulting electronic file.
Explanation:
Check. Payment in a payment batch, Quick payment, or manual payment. Usually a
paper check you give to your supplier.
You pay electronic payments either through the EDI Gateway, or by delivering a
payment batch file to your bank. For both methods, Payables creates a file during payment batch
creation. For EDI Gateway payments, the file is processed through the EDI Gateway and delivered
to your bank to create payments. For electronic funds transfers, the file is formatted and delivered
to your ap.out directory for you to deliver to your bank.