Automate Payments to Multiple Vendor Bank Accounts by Bank Group Optimization

Automate Payments to Multiple Vendor Bank Accounts by Bank Group Optimization

Published: 15/April/2008

Reading time: 8 mins

By using bank groups in the bank master data, you can select a specific vendor bank from multiple bank accounts for automated payments. This method, called bank group optimization, allows you to group your own house bank with the banks used by customers and vendors by giving them the same bank group. See the effect…

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