Creating Payments

A Payment Order is one of the non-cash methods used to settle the company's payables.

Below is an example of how to prepare a payment order in the Received Credit document.

Warning To import a payment order into the bank, it is necessary to create the orders in the valid ISO SEPA XML format (Slovenian), which must be supported by all banks, because this is the standard, prescribed by the Economic and Monetary Union (EMU) policies of the European Union. For instructions on how to use the ISO SEPA XML and ZBSXML payment standards, see chapter SEPA in PANTHEON.

Case summary The person responsible wishes to create a payment order for the first installment of the received credit 22-DKR0-000001. The received document 22-DKR-000001 shows the credit that our company received from Addiko Bank. The first installment has a due date: 01.07.2023. The payment order for the selected document is created as follows: Setting up liquidation in the Document Types register Selecting a credit document  Selecting an installment for payment

1. Setting up Liquidation in the Document Types Register

Before creating a payment order for the payment of an installment, the person responsible must set up liquidation in the Document Types register, as shown in the image below:

2. Selecting a Credit Document

The person responsible selects the Financials module from the menu, and opens Credits and Leases | Received, by selecting  the DKR0/Received Credits created document type.

The document form DKR0 – Received Credits appears on the screen. In order to find the 22-DKR0-000001 specific document, the person responsible uses the toolbar navigation buttons to find it.

Selected document 22-DKR-000001 opens on the screen.  

Document 22-DKR-000001 has 24 equal monthly installments.

Hint For instructions on how to create the above Received Credit document, see chapter New Received Credit.

3. Selecting an Installment for Payment

To select an installment, the person responsible clicks the Payments tab.

The Accounts fields and LCY fields are populated with data from the Document Types register (received Credits), as described in section 1 of this chapter. The data can be changed if needed.

For the selected document type LI00 from the Document Types register, the data on the default reference value is pre-defined in the Default Values panel.

In this case, the person responsible manually selects the purpose code: 77 - Otplata dugorocnih kredita.

The person responsible positions the cursor on the desired line of the installments and clicks on the Create Payment Order button.

By clicking the Create Payment Order button, the person responsible creates a document type LI00, in this case 23-LI00-000002.

The payment order contains data from the document, and data according to the settings of the payment order document type.

Hint You can find detailed instructions on how to fill in the register of  Received Credits and Leases document type in a section of the Technical Manual.

Hint For a more detailed description of data on the payment order, see chapter Data Appearing in Payment Order.

Hint For a more detailed description, see chapter Creating a Payment Order.

After paying the installment, the paying information can be seen in the Header tab, in the Total Payment fields and in the installment table in columns TO Creat. Date and Document of Payment: