The Approve Mixed Payment activity is used to confirm the mixed payment and create payments and vouchers. Up to three payments can be created when a mixed payment is approved/confirmed. One for customer payment transactions, one for supplier payment transactions, and one for general payment transactions. Payments are created for each company, if the customer and/or supplier payment matches ledger items of other companies or for the direct cash payments allocate accounts in other companies. The payment in the cash receiving/cash paying company is the multi-company payment which is connected to the payments in the affiliated companies.
This activity requires that information has been entered in the General and Transaction tabs in Mixed Payment. The remaining amount in the Transaction tab, Mixed Payment must be zero (0) for approval to take place, if an opening and closing balances has been entered in the General tab.
When the Mixed Payment is Approved, all payments are created in the system, as well as a voucher in the hold table in IFS/Accounting Rules. The voucher contains automatically created postings of customer claims/supplier debts, cash transaction, currency differences, bank fees etc. If several companies are involved, i.e., customer or supplier payments have been matched with invoices in other companies or direct cash payments have been included with manual postings in other companies, a separate voucher is created in each company.