Vendor Payment Batch is used to organize Vendor Payments for more efficient payment processing.
You can create Vendor Payment Batches manually, or let GoldFinch automatically create them when Vendor Payments are created.
All Vendor Payments must be associated with a Vendor Payment Batch with the same Bank Account, Currency Code, and GL Ledger.
From the Vendor Payment Batch, you can perform the following functions:
Print Checks for Vendor Payments
Print Full Remittance for Vendor Payments.
Batch Post Vendor Payments
Void Checks for all Vendor Payments
Based on your Vendor Payment schedule, you should manually close or schedule a routine to close Vendor Payment Batches periodically.