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Generate payment files

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Posted on by CapsLock

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Hi,

What is the difference between generate a payment file with the option "Payment method" and the option "export format"?

Thanks!!

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Frank Hamelly | MVP... 46,615 Super User 2025 Season 2 on at

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RE: Generate payment files

They aren't either/or parameters. The Payment method is generally setup with a default Export format associated with it. If the Payment method = Check, the Export format might be as such:

If it's an Electronic Method of payment, it might be as such:

The export format defines the type of 'file' generated when the payment is processed. Both values must be populated in the Payment journal parameters.

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CapsLock 1,419 on at

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RE: Generate payment files

Hi guys,

Thank you all for your contributions. Unfortunately it is not clear to me the difference between both.

* Payment method - the system will generate a file according to the format defined on the method of payment. This file will be sent to the bank for the payment to be processed automatically.

* Export format - same use as the one above just that we don't need to have configured a specific method of payment?

Could you validate the above, please?

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Gaurangkumar Jani 4,512 User Group Leader on at

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RE: Generate payment files

Hi CapsLock,

Yes, there is a difference in both methods.

if you use the Payment Method to generate a document, you need to select "Export File" in the payment method. Normally it will be a standard ER document provided by Microsoft as generic formates. But there is a chance of customization using ER Module.

Example: SEPA Payment File

If you use the export method, you need to select standard available export formates and the system will generate a payment file accordingly.

Example: Standard Checks, Promissory Note

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Ludwig Reinhard Microsoft Employee on at

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RE: Generate payment files

Hi CapsLock,

Not much to add here except that you won't need to add a file name if you have set this up in your electronic report.

Making this ER setup alleviates the way how those payment files can be processed further.

Best regards,

Ludwig

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A.Prasanna 8,223 on at

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RE: Generate payment files

"Under Payment Method" option, If you are using electronic export format under the method of payment, then it will generate a payment file with the Export format attached with Method of payment.

if you are not using an electronic format and you set to "Generic electronic export format" option to NO under File Formats (of your method of payment) you can see a list of formats available under export format, Eg: if you are using check printing and using multiple cheque formats you can select the prefered format from there. for that, as a prerequisite, you need to configure non-electronic file formats under Setup under Method of Payment -> File Format ->Setup.

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huijij 19,811 on at

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RE: Generate payment files

Hi CapsLock

By using export format you can take some output from system when you pay check, or wire the payment.

By using Method of Payment the file format contains all the Negotiable Instruments (Cheque payment, Bank remittance, PDC, Cash) etc which are pre defined in file format using Method of Payment.

Please go through the link:

https://dynamicsuser.net/ax/f/users/61800/file-formats-in-method-of-payment

regards

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