Below is a brief description of the process of sending electronic payment orders via BACS.
| Menu item/Panel | Action |
|---|---|
| Financial transaction entry | Enter an A/P invoice defined with the A/P payment mode for BACS electronic transfer. |
| Work with A/P payment proposals | Create an A/P payment proposal for BACS payments. |
| Work with A/P payment proposals, Create payment order | Create the payment order. A remittance advice is created according to the format program defined in Work with A/P payment modes. The BACS information file is updated which means that the proposal cannot be deleted. |
| Work with A/P payment proposals, Update | Update the A/P payment proposal. The invoice is updated and the bank is updated from the bank statement. |
| Information transfer to the bank | Send the BACS standard transaction file information to the bank either by using a third-party software and appropriate interface, or by using a free software provided by the bank. |