Remittance Advice (BC365)

remittance advice emails will change how you talk to vendors and make paying bills easier payment details are automatically sent to your vendors right after a bill is paid, giving them what they need to quickly check their records note if you are interested in enabling this feature, contact your remittance advice overview remittance advice service automatically sends an email to the vendor’s designated email address(es) for every submitted payment this email will contain your company name and a detailed list of the paid bills, including the reference/invoice #, invoice date, amount, and discount used if any credits were applied, the credit's reference number and amount will also be displayed each remittance email can be sent to up to 5 email addresses by default, the system uses the vendor’s email address if you prefer to use a custom list, you can set payables email addresses on the custom tab of the vendor's profile in netsuite (or the payment methods page in sage intacct and business central) the email will be sent from fispan and feature your bank's branding as a user, you can customize several settings "reply to" email address configure an address that the recipient will see and use if they reply to the remittance advice receive copies choose an email address to receive copies of all sent remittance advice alternative company name you may request that we configure a different company name to appear in the email on a per bank account basis remittance emails are submitted shortly after the payment is successfully sent from your erp the subject line of the email will appear as "your customer {customer name} has initiated a payment " important enabling the group bills for payment function means that only one remittance email is sent for multiple bills grouped into a single payment for the same vendor if this feature is not enabled, each paid bill is treated as a unique payment with its own remittance email, which results in multiple payments and multiple emails configuring remittance advice follow these steps in the to manage your remittance advice settings navigate to the app center log in to https //sys fispan live/ https //sys fispan live/ui/integrations (or sandbox https //sandbox fispan cloud/ https //sandbox fispan cloud/ui/integrations ) using your credentials configure remittance advice find the remittance advice card, click the three dot action button, and choose open settings note if you need to disable the integration entirely, select disable changes may take up to 15 minutes to come into effect allow replies all remittance advice emails are sent from no reply\@fispan com, which is an unmonitored inbox to allow vendors to respond, switch the allow replies toggle on when enabled, any reply to a remittance email will be redirected to the address specified in the vendors can reply to field get notified toggle on the get notified option to automatically receive internal copies of all remittance advice emails these copies will be sent to the email addresses specified in the send copies to field update business central settings to use the remittance advice product for business central, follow these steps to update your vendor settings go to payment methods navigate to the payment methods page select a vendor the payment methods page will now load on this page, hover over a vendor and select the eye icon to open the pop up enable remittance advice for vendor if you had an email stored on the vendor record, the remittance advice will default to that address on this page, you can toggle off remittance advice for vendors add email group you can also add more emails by selecting add email group you can add up to five emails per group and add a group name you can then change the default payment method to this new group when you make a payment now, this vendor will receive a remittance advice email if you would like to turn off remittance for a vendor or not send remittance to a vendor, you can leave this field empty or toggle it off tip the subject of the email sent via remittance advice looks like "your customer {customer name} has initiated a payment " tip the fispan remittance advice product supports discounts and credits! if the bill paid includes a discount or a credit, it will be included in the remittance email faqs what is remittance advice, and how does this affect me? the remittance advice feature eliminates the need to manually send payment details once a vendor's email is set up in the plugin, the system automatically emails them the total paid amount, along with the relevant invoice numbers, dates, and amounts this frees your team up for more valuable tasks is there anything i need to do to utilize remittance advice? please ensure that all vendors you would like to send remittance advice to have a valid email address on their vendor information page for further information on how to update your vendor information, refer to the guide available here when will the remittance advice be sent? after this service has been enabled, it may take up to 24 hours for the remittance advice to automatically be sent remittance advice will be sent after your payment has been successfully transmitted to the plugin how is the remittance advice sent, and what information is included? the remittance advice email will be automatically sent to all vendors with a valid email address this automated advice will include your company name, the invoice number(s), the invoice date(s), and the amount paid here is a preview of what the email will look like what if i don’t want specific vendors to receive automated remittance advice? vendors will only receive automated remittance advice if there is a valid email address listed to ensure automated remittance advice is not sent, please remove the vendor's email address from the record can i receive a copy of the remittance advice email? yes, a copy of the remittance advice email can be sent to a list of cc emails set by your administrator can i opt out of the remittance advice feature? yes, if you'd like the feature turned off, please let your bank representative know of the request