Checklist: Processing Corpay Vendor Payments

Review the steps to complete a vendor payment run in Vantagepoint when Corpay, a third party, pays your vendors.

Before you complete these steps, you may want to:

• Review a Schedule of Unpaid Vouchers in My Stuff > Reporting
• Review Cash Requirements for a Vendor Payment Run

Steps to Complete in Cash Management > Vendor Payments on the Vendor Payments Form:

Step	Description	Related Help Topics
1.	Create a Corpay Vendor Payment Run On the New Payment Run page, select the processing settings for the run. You must set: Payment Type to Check/EFT Process Type to Automatic or Manual	Create a Corpay Vendor Payment Run New Payment Run Page in Vendor Payments
2.	Select Vouchers Manually or Review the Automatically Selected Vouchers to Pay On the Select Vouchers page: Review the AP vouchers that were automatically selected to pay for a vendor or manually select vouchers to pay. Review the Bank Requirements and/or Cash Requirements report for the payment run.	Select Vouchers Manually for a Corpay Vendor Payment Run Review the Vouchers Automatically Selected for a Corpay Payment Run Select Vouchers Page of the Vendor Payments Form Review Bank and Cash Requirements for a Vendor Payment Run
3.	Process Payments On the Printing and Numbering page: Click Print Payments to move to the next step of the process. On the payments preview dialog box, you do not need to print the payment information because Corpay will be making the payment. The actual record of how the payment is made will be available through Corpay's AP Gateway. Close the print preview without printing the payments. Use the Export to Text action to create and electronically send a text (.txt) file with vendor payment information to Corpay. Go to the Corpay AP Gateway and verify that the payments were accepted. Click the Assign Numbers action to assign payment numbers. You do not need to print a file copy or remittances. Click Post Payments to post the payments to your general ledger.	Process a Corpay Vendor Payment Run Printing and Numbering Page of the Vendor Payments Form
4.	Post the Payments On the Printing and Numbering page, click the Post Payments action.	Post a Corpay Vendor Payment Run Effects of Posting Vendor Payments Printing and Numbering Page of the Vendor Payments Form

Step to Complete in Transaction Center > Posting Review:

Step	Description	Related Help Topics
5.	View, print, or email the vendor payment posting log The log type is Vendor Payments.	View, Print, or Email a Vendor Payments Posting Log

Steps to Complete After You Process the Vendor Payment Run in Vantagepoint:

Step	Description	Related Help Topics
6.	Use the Corpay AP Gateway site to see that all the payments in a payment run were accepted and that the total amount is what you expect	Vendor Payments Excluded by Corpay Recurring Payments in a Corpay Vendor Payment Run Partial Payments in a Corpay Vendor Payment Run
7.	Reconcile Corpay vendor payments to Vantagepoint	Reconciling Corpay Vendor Payments to Vantagepoint
8.	Pay Corpay for an accepted vendor payment run	Paying Corpay for an accepted vendor payment run
9.	Complete the bank reconciliation for the bank you use to pay Corpay	Bank Reconciliation When You Use Corpay to Pay Vendors