Payment Selection Single Dialog Workspace

Use this workspace to create and approve payment selections for several vendors at the same time.

When you create a payment selection, Maconomy processes all entries that match the selection criteria. Maconomy selects an entry for payment if all of the following are true:

• The vendor entry is approved for payment.
• The due date is on or before the calculation date, or the cash discount date is on or before the calculation date. The cash discount date is considered only if the Include Cash Discount option is selected in this workspace.
• The vendor is active and allows payments.

When Maconomy selects an entry, its balance is selected for payment.

Previous payment selections for entries that are not included in the selection criteria are not affected when you create a payment selection.

When you run the payment selection, Maconomy groups vendor entries by company-specific vendor first and then by payment line. You can choose to include any remittance lines that are specified for the entries. Maconomy displays the total amount of payments to each company-specific vendor.

You can view and modify payment selections in the Change Payment Selection and Change Payment Selection by Vendor workspaces.