RIBA is the payment method mostly used between companies. It is a commitment of payment. Through a RIBA payment the selling company can request for a down-payment to their own bank.
Tip: Select the Maintain A/S open entry - A/R, A/P menu items to make an enquiry on A/R or A/P transactions for a debtor or supplier to retrieve an overview of open entries.
The steps included in the routine are as follows:
|Menu item||To do|
|Work with A/R payment proposals||Enter a payment proposal defined with the RIBA A/R payment mode (RB). See Create an A/R payment proposal for instructions.|
|Work with A/R portfolio remittance|
|Create bank remittance magnetic media||Copy the bank files to magnetic media. See Create bank files/magnetic media for instructions.|
|Work with A/R portfolio remittance||Confirm the bank payment or enter the unpaid document. See Confirm bank payment for instructions.|