A payment is a transfer of money from one party to another. Open Account Automation manages two types of payment:
- Maturity payment: Buyer pays the supplier to settle an Invoice.
- Matching fee payment: Buyer pays Kanexa a matching fee.
Any single payment may relate to one or more invoices.
On or before the maturity date of an invoice
Viewing payment information
1. Payment Ledger
- Payment Ledger is a list of payment records.
Using Top navigation menu
Using Side navigation menu
2. Payments
- Ledger includes maturity and matching fee payments.
- Payments may be settled or due soon.
- Payments can consolidate several invoices.
3. Payments statuses
Each payment has a STATUS. Find out more about Payments status.
4. Viewing payments details
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Open a payment from the Payment Ledger to view its details, including type (Matching fee or Maturity payment), issuer, beneficiary, and related invoices.
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