Outgoing payments

Payments with 365 business Banking: payment suggestion, review, Carry Out Payment and posting, for every bank connection in the same payment journal.

In Microsoft Dynamics 365 Business Central, outgoing payments are created in the Payment Journal. 365 business Banking adds the transfer to your bank: the lines are sent directly to the bank via PSD2/XS2A or EBICS, or written to a pain file. The process is always the same for you. The Payment Initiation Service of the bank account determines which route is used (Bank connections).

Flow

Payment suggestion. Suggest Payments creates the lines for vendors, customers and employees from a template. Alternatively, use the standard function Suggest Vendor Payments. You enter individual lines manually.
Review. Check amounts, Message to Recipient and the recipient bank account, run the Verification of Payee (VoP), print the journal if needed and obtain the approval.
Carry out the payment. Business Central checks the lines and hands them to the bank: with a TAN in the web form, as an EBICS submission or as a file. See Carry out payment: process per bank connection. If payments of more than EUR 12,500 go to recipients outside Germany, Business Central reminds you of the reporting obligation under section 67 AWV. You must file the report yourself.
Post. As soon as all lines have the payment status Completed, you post the journal. Carry Out Payment and Post combines steps 3 and 4 and, with every bank connection, posts the lines that are Completed afterwards. Lines submitted via EBICS wait for the bank's status report. The payment later appears on the bank statement and is recognized there as your own payment.

You can use a remittance advice to inform your vendors which documents a payment settles.

Working with outgoing payments

Checks, payment status

Carry out payment

Actions and fields

Payment journal

Vendors, customers, employees

Extended payment suggestion

Standard function

Suggest Vendor Payments

Print and send

Remittance advice

Status, account holder

Recipient bank accounts

Check name and IBAN

Verification of Payee (VoP)

Four-eyes principle

Approvals

pain.001 from other systems

SEPA payment import

Payment types

SEPA credit transfer

International payment

Euro urgent credit transfer

Standing order

Which payment type a line has is decided by the Payment Method Code on the journal batch. See Payment methods and Journal batches for Banking.

Payment types per bank connection

	PSD2/XS2A via finAPI	EBICS	camt/pain file
SEPA credit transfer	yes	yes	yes
SEPA instant credit transfer	depends on the bank	depends on the bank contract	no
SEPA collective credit transfer	depends on the bank	depends on the bank contract	yes
International payment	no	depends on the bank contract (foreign credit transfer AXZ or XCT)	yes
Euro urgent credit transfer	no	depends on the bank contract (CCU or XCT-URG)	no
Standing order	depends on the bank	no	no
Authorization	TAN in the web form	EBICS participant's key, possibly distributed signature	upload in online banking

What your bank allows for a particular account is shown in the Bank account capabilities FactBox. For the full comparison, see Bank connections.

Collecting money instead of paying

Direct debits are processed through the Cash Receipt Journal. Via PayPal, Stripe or Adyen, you collect when posting the invoice, from the posted invoice, with the Collect Payments report or likewise in the Cash Receipt Journal. See Direct debit and payment collection.