Contents of the Wire Settings Dialog Box

Use the fields and options on this tab to view or change wire settings for a vendor during a payment run in Vendor Payments.

Contents

Field	Description
Reference #	Enter the reference or confirmation number that you received from your bank for the wire payment.
Wire Fee	Enter the handling fee that your bank charges you for the wire transaction. If you use multiple currencies, the currency of the field matches the currency of the bank for the selected vouchers.
Override Fee Debit	This check box is enabled only when you enter a value other than zero in the Wire Fee field. Select this check box to enter a different wire fee debit account and work breakdown structure (project, phase, or task) to override the default entries for the direct debit account, project, phase, task, or in-process account settings that are entered in the Wire Transfer Fee Debit section of the Options tab in Settings > Cash Management > Banks.
Account	This field displays when you select the Override Fee Debit check box. Enter the general ledger account to debit for the wire fee.
Project	This field displays when you select the Override Fee Debit check box. Select the project for the wire fee.
Phase	This field displays when you select the Override Fee Debit check box. If you use phases, select the phase for the wire fee.
Tasks	This field displays when you select the Override Fee Debit check box. If you use tasks, select the task for the wire fee.
Payment Amount	This field displays the total payment value in the payment currency for selected vouchers for the vendor.
Exchange Rate	This field is disabled if the payment currency and the bank currency are the same for the selected vouchers. If the payment currency and the bank currency do not match, you must enter an amount in the Bank Amount field. Enter the exchange rate in this field. You can update this field by performing one of the following actions: Manually enter the exchange rate that was used by your bank to process the wire. Enter an amount in the Bank Amount field. Vantagepoint calculates the exchange rate between the payment currency and bank currency. Select or deselect vouchers for the vendor. Vantagepoint resets the field to blank.
Bank Amount	This field is disabled if the payment currency and the bank currency are the same for the vouchers selected for the vendor. Enter the bank amount in this field. You can update this field by performing one of the following actions: Manually enter the exchange rate that was used by your bank to process the wire. Vantagepoint calculates the bank amount value in the appropriate currency. Enter an amount in the Bank Amount field, in the appropriate currency. Select or deselect vouchers for the vendor. Vantagepoint resets the field to blank.
Notes	Enter notes for the wire payment run.
Bank Total	This field displays the total of the selected vouchers and the wire fee, in the bank's currency. If the bank currency and payment currency do not match, the field remains blank until you enter an amount in the Bank Amount field or an exchange rate in the Exchange Rate field.

Bank Details Section

Enter information about the vendor's bank that is receiving your wire payment.

Field	Description
Bank Name	Enter the name of the bank.
Address	Enter the bank's address.
City	Enter the city for the bank's address.
State/Province	Enter the state or province for the bank's address.
ZIP/Post Code	Enter the ZIP or postal code for the bank's address.
Country	Enter the bank's country.
Bank ID Type	Select the bank's ID type, such as Bankers Automated Clearing Services, ABA/Routing, or Swift Code. The options in the drop-down list vary, based on the settings that you or your system administrator established in Settings > Labels and Lists > Lists.
Bank ID	This field displays the bank's identification number that matches the ID type you entered in the Bank ID Type field.
Vendor Name	Enter the name of the vendor who is receiving the payment.
Account ID Type	Select an account ID type, such as Account Number or ACH. The options in the drop-down list vary, based on the settings that you or your system administrator established in Settings > Labels and Lists > Lists.
Bank Account ID	Enter the bank account number.