| Payment Authorizations (tfcmg1100m000) |  |
| Use this session to authorize users to process payments and direct debits. You can authorize users to approve payment batches and direct debit batches. You can set up the maximum amount, or full authorization, for: Non-invoice related payments, for example, standing orders Bank costs Payment differences You can specify the maximum payment amount and free payments amount for each combination of user and business partner. The maximum amounts for bank costs and payment differences apply to individual invoices. For each user, you can specify the maximum amounts for which they are authorized, or you can select the Full Authorization check boxes. For details, refer to To use full authorization. Related topics Payment authorization in Cash Management The payment process To use full authorization
Fields | Description
Authorization Data
User | The user who is authorized to approve the payment.
Authorization Data
Maximum Amount by Pay-to BP | The maximum payment amount to a pay-to business partner that the user can approve.
Currency | The local currency of the financial company.
Full Authorization for Free Payments | If this check box is selected, the user has full authorization for free payments. Free payments include the following types of payment: advance payments unallocated payments stand-alone payments standing orders cash transactions If this check box is cleared, you can specify the maximum amount for free payments.
Maximum amount for Free Payments | The maximum amount for which the user can create free payments.
Full Authorization for Bank Costs | If this check box is selected, the user has full authorization to create bank cost transactions. If this check box is cleared, you can specify the maximum amount for bank costs.
Maximum Amount for Bank Costs | The maximum amount, per invoice, for which the user can create bank cost transactions.
Full Authorization for Pay. Diff. | If this check box is selected, the user has full authorization to create payment difference transactions. If this check box is cleared, you can specify the maximum amount for payment differences.
Max. Positive Amnt for Pay Diff | The maximum positive amount, per invoice, for which the user can create payment difference transactions. Users can enter payment differences if the amount and the percentage both fall within the defined tolerances.
Max. Negative Amnt for Pay Diff | The maximum negative amount, per invoice, for which the user can create payment difference transactions. Users can enter payment differences if the amount and the percentage both fall within the defined tolerances.
Payer ID | A code that identifies the user who creates and is responsible for the payment files. The payer ID is specified in the contract that you have with the bank. The payer ID is a requirement for Nordic bank files. As a number of employees can perform actions on one bank account, the payment file must include the operator ID of the person who created the payment file. Usually, the company’s CEO has an operator ID which is used for all the company's accounts irrespective of who uses the account. Related topics Reason for payment
Payment Batch Approval
Payment Batch Approval | If this check box is selected, the user can approve payment batches. If you select the Payment Batch Approval check box in the CMG Parameters (tfcmg0100s000) session, an authorized user must approve the payment batches.
Direct Debit Batch Approval
Direct Debit Batch Approval | If this check box is selected, the user can approve direct debit batches. If you select the Direct Debit Batch Approval check box in the CMG Parameters (tfcmg0100s000) session, an authorized user must approve the payment batches.
Payment Difference Tolerances
Percentage of Invoice lower than expected | The maximum allowed payment difference, expressed as a percentage of the invoice amount. Users can enter payment differences if the amount and the Payment Difference Tolerances percentage both fall within the defined tolerances. If the payment difference exceeds this amount, an open entry remains for the business partner.
Percentage of Invoice higher than expected | The maximum allowed payment difference, expressed as a percentage of the invoice amount. If the payment difference exceeds this amount, an open entry remains for the business partner.
Invoice Amount Lower than expected | The maximum positive amount for which the user can create a payment difference transaction. Users can enter payment differences if the amount and the percentage both fall within the defined tolerances. If the payment difference exceeds this amount, ERP LN displays a warning mesage and an open entry remains for the business partner.
Invoice Amount Higher than expected | The maximum negative amount for which the user can create a payment difference transaction. Users can enter payment differences if the amount and the percentage both fall within the defined tolerances. If the payment difference exceeds this amount, ERP LN displays a warning mesage and an open entry remains for the business partner.