The A/P payments functionality supports the most common formats defined by Danish banks. The functionality is driven by the A/P payment modes. The program creates a payment file in the proper format for electronic transfer to a web bank.
Prerequisites
The DKK application must be activated in the Application definition table.
Payment types
A/P payments have three categories under which all types of payments are processed, with the help of various payment modes. The following categories exist, also referred to as payment types:
| Payment type | Description |
|---|---|
| Domestic | This payment type is used for payment transfer from account to account within Denmark in currency DKK. |
| Inpayment | Domestic with payment reference – This payment type is used when payment reference information is needed, which is comprised of customer ID + invoice + control digit, i.e. the payment instruction. It is sent together with the bill for the delivery of goods and/or services, which is prepared by the payee. The payer can pay either through a designated bank account or by means of a cash payment at a designated agent (bank or non-bank). When a payment is made via a bank account or an agent, the payment reference indicates from whom the payment will be received.
Note: If this payment type is used, then the customer ID is also referred to as the KID, i.e. customer identification number. |
| Foreign | This payment type is used for payment transfer to a supplier account outside Denmark, in a currency other than DKK. |
Special payment types
There are special payment types specifically defined for Nordea and Danske Bank. They facilitate the cross border payment with low bank fees.
| Bank | Payment type | Description |
|---|---|---|
| Nordea | Request for Transfer | The instructions are sent via the electronic banking system of the domestic bank to debit an account held with another bank. The request may include payment instructions, such as Intercompany payments, third party domestic or international payments. |
| Danske Bank | Bank Reference | This payment type facilitates particularly for local payments. |
You should activate the appropriate payment mode for your business partner before creating a payment proposal, from the Business partner file maintenance, All A/P payment modes panel.