Alternative payee bank account handling

• 19/02/2025
• 1 minute to read

Business Value

Supports cases where a centralized payer, such as a factor, needs to receive the payment instead of the original vendor.

Feature Details

This feature enables specifying an alternative beneficiary bank account in cases where the vendor invoice is paid, but the funds are directed to a different entity, such as a factor. If the newly added fields in bank accounts contain alternative payee information, it will automatically be included in the payment suggestion (advanced mode) and subsequently in the exported payment entry.