Belgian Electronic Payments

In the Belgian version of Business Central, you can the following types of electronic payments:

Electronic payment	Description
Domestic	These payments are in the local currency (LCY) and are processed by a local financial institution for beneficiaries who have accounts that have a local financial institution. The validity of the bank account numbers will be verified by Business Central.
International	These payments are either in foreign currencies or in LCY and are processed by a local financial institution for beneficiaries who have accounts that have foreign financial institutions. The validity of the bank account numbers will not be verified by Business Central.
SEPA	These payments are in euro and are processed in countries/regions that accept SEPA payments. The validity of the bank account numbers will be verified by Business Central.
Non-Euro SEPA	These payments are in currency other than euro and made to a country/region outside the European Economic Association (EEA). The validity of the bank account numbers will be verified by Business Central.

Because the standard for electronic payments is different for countries/regions, electronic payments created in the Belgian version of Business Central can only be processed by financial institutions in Belgium. For international payments, the local financial institutions will then have to process the payment with the foreign institutions.

[!NOTE]
Credit memos cannot be processed separately because payments must not have a negative balance. To process a credit memo, the credit memo must be added to one or more invoices by summarizing payments.

Before you can make electronic payments, you must set up use electronic banking. For more information, see Setup. You must also specify the relevant export protocols. For more information, see Set Up Export Protocols.

Activate SEPA Payments in the Belgian Version

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To submit vendor payments electronically in Single Euro Payments Area (SEPA) ISO 20022 payment format, you must set up prerequisites for enabling SEPA payments in your company.

Your version of Hover over a field to read a short description.

You can now make SEPA payments. For more information, see Exporting Payments to a Bank File. If you do not use the AC Banking 365 capability, you can export payment journal lines to a file. For more information, see Export Payment Files.

File Non-Euro SEPA Payments

In Business Central, you can file non-euro SEPA payments with the bank. This is useful when you make payments to other countries that do not use SEPA and for currencies other than the euro.

Before you can file a non-euro SEPA payment you must complete the following administration tasks:

Set up a new export protocol for a non-euro SEPA.
In the Country/Region table, clear the SEPA Allowed field for each country that belongs to the EEA zone.
In the General Ledger Setup page, verify that the Currency Euro field is blank, and that the SEPA Non-Euro Export field is selected.
Verify that the vendor's Preferred Bank Account field in the Vendor table contains the IBAN and SWIFT code.

To file a non-euro SEPA payment

Choose the icon, enter File Non Euro SEPA Payments, and then choose the related link.

Fill in the fields as described in the following table.

Field	Description
Journal Template Name	Specify the general journal template for the non-euro SEPA payment report.
Journal Batch	Specify the general journal batch for the non-euro SEPA payment report.
Post General Journal Lines	Specify if you want to transfer the payment lines to the general ledger.
Include Dimensions	Enter the dimensions that you want to include in the non-euro SEPA payment report. The option is available only if the Summarize Gen. Jnl. Lines field on the Electronic Banking Setup page is selected.
Execution Date	Enter an execution date if you want an execution date that differs from the posting date on the payment lines.
File Name	Enter the name of the file, including the drive and folder, to which you want to print the report.

Correcting Payment Lines

You must correct all errors before you can post the electronic payment lines. You can correct payment lines in the following ways.

Correction	Description
Add a payment journal line	If the payment journal already contains many lines and you want to add an additional line, you can enter the journal line manually. For example, if you want to reimburse a credit memo to a customer. These types of customer payments are not suggested automatically by the Suggest Vendor Payments batch job.
Edit a payment journal line	If you have not assigned a bank account to the payment journal or if you have not specified a preferred bank account on the Vendor card, you will have to manually enter this information on each journal line before posting the journal. If you specify a bank account for a vendor, the bank account will be copied to all payment journal lines for that vendor. For more information, see Setup.
Delete a payment journal line	The Suggest Vendor Payments batch job creates payment suggestions for all vendors matching the specified criteria. If you want to prevent payment for a specific vendor ledger entry or vendor, you can delete the corresponding journal lines.