We are currently trying to apply payment by BACs to our contracts.
Our payments configuration is predominantly completed in CD (Collection and Disbursements) and we have found very few notes that don't relate to BACS setup in FI.
We want to try setting up a payment method format called BACWAY, however when testing and get to running the payment run, FPY1, on the Payment Medium screen the format of BACWAY is being displayed but it is not pulling through the House Bank, Account Type or Payment method, which means we are unable to complete the payment run.
What configuration is required to link the Payment medium Format to the HouseBank, Account Type and Payment method?
Any help is much appreciated
Thank you