Payment

• Mark all (if all cash flows are ok and should be sent to the bank)  
• Click automatic payments. (All marked cash flows will automatically be moved to pending payments and netting according to rules 

• Go to pending payment and Approve all if they are correct. If a payment is incorrect, has been netted incorrectly, has the wrong status the payment needs 

• In pending payments select the payments you want to approve, Click approve. 
• In pending payments select the payments you want to send to the bank, Click Export. (All payments will now be sent to the bank).
• Verify that the payments has been sent and no error messages has been recevied from the bank.  

OLD View

New View

Pending Cash flows 

This is a Cash flow-report that shows all cash flows that are ready to be netted. The Pending Cash flow Report is a Customizable System Report, which means that it has its own 

Selection, Columns and Settings that can be changed by the user. 

In addition to user selection, the system always applies its own Selection to the pending cash flows report: 

• Only show Cash flows that do not already belong to payments 

• Only show Cash flows for deals where Entity bank accounts are set. 

Use check boxes to the left in the report to Select cash flows for further action, explained below. 

A - ...

1. Navigate to Pending Cash flows Report Settings (left report) 

2. Navigate Auto Netting Rules   

3. Navigate to Payment Rules (rules for created payment values: transfer type, payment fee) 

B - Netting Type Buttons 

You can use the Netting Type Buttons to manually decide in which way cash flows in the Pending Cash flows report will be netted/treated.  

Each button will assign the Selected Cash flows Netting Type to the value indicated on the button. The assigned netting type value is shown in the "Netting Type" system-column. 

Netting Types 

1. Net : Groups netting by Date, Asset and send/recv Accounts. 
2. Gross : In addition to "Net", also groups netting by send/recv amount (+/-) 
3. Net by deal, all cash flows within a deal (same deal ID) IRS paying and receiving leg , Loan with added fees will be netted. 
4. Single : A single payment for each cash flow will be created. Selected cash flows will NOT be netted. 
5. Manual : Same as Netting Type Single, but payment will not be exported. 
6. Auto deb net: Selected cash flows will be netted and and the amount will be auto debited. No payment will be exported
7. Auto deb gross: Selected cash flows will be netted by sign, positive amount will be summed and negative amounts will be summed.No payment will be exported
8. Auto Deb: Selected cash flows will be autodebited, one by one. No payment will be exported.
9. Manual Net:Selected casch flows will be Netted and set to Manual. No payment will be eported.
10. Clear : Clears NettingTypes 

• If no cash flows have been selected in the Pending Cash flows Report, all Cash flows Netting Types will be cleared 

• If any cash flows have been selected, clears Selected Cash flows netting types. 

Netting type

  C - Payment Creation Buttons 

Cash flows will be netted according to either manually assigned netting types or automatically by netting rules. For each netting a Payment will be created. 

1. Create Payments from Netting Rules ("Automatic") 

• Runs all Netting Rules on All cash flows in the Pending Cash flows Report and creates Payments from these 

• Any currently manually assigned netting types will be discarded (those assigned from menu 'B') 

2. Create Payments From Netting Types 

• Creates payments according to Manually assigned Netting Types (those assigned from menu 'B'). 

3. Revert Payment ("Undo") 

• Reverts selected payments in "Pending Payments" grid. Depending on payment status the payment will either become deleted or get the "Reverted" status. All related cash flows 

           will be detached, and show up in Pending Cash flows Report again. 

• Only New and Approved payments can be reverted. Already exported payments can NOT be reverted via this action. 

Pending Payments 

NEW View

Displays all Payments that have not yet been exported. 

To move back a payment to pending cashflow use the button Revert payment(s) at the left side. 

In field Purpose there is a the payments text message <Ustrd>(140 signs long). Here we default internal payments (internal counterpartes) and Treasury payments (external counterparties). Here it is possible to enter another text message for the payment. Click Approve to save the text.  

Payments Cash flows 

Shows each payments related cash flows as details in the Pending Payment grid. Access details by clicking '+' button in each Payment row. Flow count shows how many cash flows that are 

included in the payment.

Payment status. For more details see Payment status

• New- Approved- Exported
• Manual- Manually paid
• No Payment- Executed

E - Payment Actions 

1. Approve payment.

   1. Payments with status new will be set to Approved
   2. Payments with status Manual will be set to Manually paid. Payment will no longer be visual in Payment cash flows
   3. Payments with status No Payment will be set to Executed. Payment will no longer be visual in Payment cash flow

2. Export  – All payments with payment status Approved can be exported. Status will be set to exported and will no longer be visual in Payment cashflow.

Creating a payment will save the payment directly, with payment status "New". The payment will have to be approved before exporting, it can otherwise be reverted. If a payment is reverted the 

transaction status changes from Unlocked to Confirmed and will be show in pending cash flows again. If the deal needs to be updated then the deals status Confirmed needs to be changed to 

modified and then the transaction can be updated confirmed and new payments can be created in pay. 

Related transactions are automatically Locked or Unlocked (where possible, see Transaction Status) when creating/reverting payments. 

If the cash flow does not have a receiving account, you can only create payments with the status Manual and No Payment. In order to create a payment with the status New the receiving account 

must be chosen.

Payment on behalf of 

Definition: payment to extern party on behalf of an other legal entity, ex.  treasury makes a payment to a bank on behalf of a subsidiary. 

The aim is to increase the number of external bank accounts and reduce the number of people who has right to withdraw money from the accounts. 

We suppose that it is treasury who is the legal entity in the external affair witch we solve by making the payment from treasury who has internal transactions with the subsidiary.

The solution will be that the subsidiary deals with treasury who makes a mirror of the affair internal. The internal transaction will be handled with help by accounting rules and netting rules. 

The external affair will be handled by treasury who is also dealing the payment by payment rules.