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UK BACS EFT Format--Thirdparty Payment

edited Apr 4, 2016 5:18AM in Payroll and OTL - EBS (MOSC) Question

Can you please explain how BACS payments paid into Third party account.

Third-party BACS files has OutboundPayment( Associate level information) and OutboundPaymentInstruction(CONTRA "Consolidated level").

Is only Contra amount paid into bank account. Please explain why it's displaying associate level data (Is it for reconciliation purpose)

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