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Vendors with multiple subsidiaries and/or currencies - best practice
Hello
We have some Vendors that are assigned to multiple currencies and also subsidiaries. Thus we have multiple bank accounts and formats assigned to the Vendor, but you can only have one primary Bank Account. When we do a payment run we have been switching the banks from Secondary to Primary so we can include in the payment run when we do Payments/Payment Processing/Bill Payment Processing.
But i believe another option is to use Payments/Global Payments as this picks up secondary bank accounts also. You have to though select the Entity Bank when you post the invoice.
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