Question on alternative payee

[Former Member]

Hi Experts,

Our alternate payee design is to have invoicing party to not have bank infor and pay-to party to have the bank info but blocked for posting. What will be the impact if both parties are maintained with bank info in the master records.

Kindly advise..........................

Thanks and Regards,

Ganesh.

[Former Member]

Hi,

When pay-to-party is blocked for posting, you will be allowed to post invoices to invoice-to-party vendor account but you will not be allowed to make payments.

When both vendor accounts have bank details maintained then pay-to-party bank details are considered for making payments.

Best Regards,

Raju

[Former Member]

Hi Ganesh,

In case banking information is also maintained for both Vendors, banking information of the alternative payee will be picked up.

Regards,

Gaurav

[Former Member]

Hi Gaurav,

How do we ensure this? can we test this in IDES?. If yes, please let me know the process.

Thanks,

Ganesh.

[Former Member]

In IDES, do the below:-

- Create one vendor as main vendor with bank information and post an invoice on it.

- Then enter another vendor master with different bank information and enter in the main vendor as alternative payee.

While doing the payment run (F110) for the first vendor, you can see that the bank information of the second vendor (alternative vendor is picked up).

Regards,

Gaurav

[krishnakishore_gaddam]

Hi,

If you have maintained bank information in both the vendor masters(invoice party and pay to party) but the intended payee(either invoice party or pay to party) blocked the payment posting will not be processed for payment.

Regards,

Krishna Kishore

[Former Member]

Hi,

I have tested this and am able to post the entries though the alternative payee is blocked. I have another question i.e If alternate payee is maintained in Vendor Master and the banking information is also maintained for both Vendors, which banking information will be used for the payment run?

Thanks and Regards,

Ganesh.