Automatic Payment Program (App)
Automatic Payment Program (App)
Automatic Payment Program (App)
WHAT ARE THE ADVANTAGES OF AUTO MATIC PAYMENT PROGRAM IS SYSTEM WILL
>>> BEFORE RUN WE HAVE TO GIVE BANK WISE RANKINGS WITH AVAILABLE AMOUNTS.
SBI 1 500000
IDBI 2 300000
ICICI 3 200000
IT GIVES A PROPOSAL IN THE PROPOSAL IT SHOWS TO WHICH PARTIES FOR WHICH BILLS FROM WHICH BANK IT
EG:
1) BLOCKING SOME INVOICES FOR PAYMENT
BLOCK BILL2 OF X
BLOCK BILL2 OF Y
BLOCK BILL2 OF Z
EG:2
CHANGE BANK
SBI 1 2000000
ICICI 2 100000
A-----> ADVANCE.
F------> DOWN PAYMENT REQUEST.
P------> PAYMENT REQUEST.
SYSTEM CHECKS:
>>>> IF WE MAKE PAYMENT ON 30 TH DAY WHAT IS THE BENEFIT --- (0.5% LOSS)
SYSTEM CHECKS:
SYSTEM CHECKS:
>>> IF WE MAKE PAYMENT TODAY BY BORROWING AT 1.5% PER MONTH.
>>> IF WE SELECT THIS CHECK BOX SYSTEM CLAIMS '0.5% DISCOUNT (THROUGH WE ARE NOT ENTITLED) AND M
>>>. TTS HAS PURCHASED FORM TATA STEELS LIMITED --- TO MAKE PAYMENT OT TATA STEELS LTD -- TATA
STEELS LIMITED --- TO MAKE PAYMENT TO TATA STEELS LTD --- TATA STEELS LIMITED HAS TO MAKE PAYMENT
TO XYZ LTD.
>>>> TATA STEELS INFORMS RIL TO ISSUE CHECK IN THE NAME OF XYZ LTD.
>>> HERE WE GIVE XYZ ACCOUNT NUMBER
>>> CHECK WILL BE IN THE NAME OF XYZ LTD. AND PARTY CLEARING WILL BE TATA STEELS LTD.
3) HOUSE BANK:
>>> TTS IS HAVING ACCOUNT IN ICICI--- TATA STEELS ALSO IS HAVING ACCOUNT IN ICICI.
>>> TATA STEELS INFORMS TTS ISSUE CHECKS ONLY FROM ICICI.
>>> HERE WE ENTER HOUSE BANK ICICI WHEN WE RUN APP IT. ISSUES CHECK ONLY FROM ICICI.
4) INDIVIDUAL PAYMENT:
>>> FOR TSL 5 BILLS ARE DUE SYSTEM WILL ISSUE ONLY ONE CHECK TSL ASKS BILL WISE SEPARATE CHECK.
>>> SELECT INCIVIDUAL PAYMENT CHECK BOX --- 5 CHECKS WILL BE ISSUE.
PAYMENT TERM :
>>> IF WE MAKE THE PAYMENT WITHIN 10 DAYS WE GET 3% CASH DISCOUNT.
SYSTEM CHECKS:
PAYMENT TERM2:
IF WE MAKE THE PAYMENT IMMEDIATELY WE GET 3% CASH DISCOUNT.
DUE WITH IN 30 DAYS.
SYSTEM CHECKS:
TTS HAS PURCHSED MATERIAL FROM TSL MATERIAL IS NOT GOOD-- RETURN THE MATERIAL OR REDUCE THE AGR
TSL RAISES CREDIT NOTE ON TTS (OR) TTS RAISESS DEBIT NOTE ON TSL
NO RANGE 17 17
EARLIER WE HAVE GIVEN NUMBER RANGE INTERVAL FOR 17 NO NEED TO GIVE NUMBER R
A STEELS LTD.
Y FROM ICICI.