Entering Third Party Information

Enter third party information from the Additional Organization Information window. You require this information to make grouped payments to third party organizations.

Attention: You must create the source and destination organization payment methods before you enter the third party information.

arrow icon   To enter third party information:

  1. In the Organization window, query the organization if it does not already appear there. In the Organization Classifications region, select Payee Organization, and click Others.

  2. Click in the Third Party Details field to open the Third Party Details window.

  3. Select the source bank account. This is your organization's payment method.

  4. Select the destination bank account. This is the third party organization's payment method.

  5. You can enter the payer and payee reference numbers. You can use this information during internal audits to keep track of your transactions with the third party organization.

  6. Save your work.