Cash Supplier Bill of Exchange Mixed Payment

Explanation

This activity is used to cash a supplier Bill of Exchange. The cashing takes place when the Bill of Exchange is posted to an interim cash account. The confirmation by the relevant payment institute that the bill is cashed can be used as the basis for reporting in IFS Cloud.

Prerequisites

In order to perform this activity:

System Effects

As a result of this activity, the following system effects take place once the mixed payment is approved.