Consolidated Payments

Hi,

I would like to get some feeback/inputs on the below issue from experts here:

1. In Oracle Payables, we can have Check payments, EFT's, Wires etc. Usually we build a template, format, Payment process file for each of the payment methods.

2. Invoices are entered with payment method and appropriate template is used to group invoices (by payment method) and we will make the payment. This way we will have Gapless document numbering.

3. We are trying to build a Consolidated Payment file. Meaning we want to combine Checks, EFT's and Wires in 1 Payment run and send 1 XML output to Bank. Bank will process the XML and they will ensure vendors are paid according to payment method specified in XML output.