Payment Limit, Out of Range Payment and Duplicate Payment Alerts
The "Payments" section includes a Red Alert that notifies you of:
- Loaded
payments which are found to be duplicate payments.
- Payments exceeding the value set as a Payment Limit for a specific vendor.
- Out
of range payments where limits exceed historical payment data by more than
20%.
These alerts (illustrated by the red money bag below) appear in the Payment Verification Thumb Summary:
This ensures that you are alerted to any payment amount which is out of the set range. You are not prohibited from making this payment, you are just alerted to the fact that it's out of range.
Note: for additional
information on Payment Limits for Entities, please see the guide in the Entities section
– How to Set Payment Limit
Related Articles
Action Item: How to Set a 'Payment Limit' Alert to an Entity Record
Payment Limits can be set to ensure that you are notified when a payment to a vendor is out of range of the normal amount usually paid to that specific supplier. For records for which no Payment Limit is specified, the efsture system will ...
How to Manage Visual Alerts
Eftsure’s visual thumb alerts allows you to see the Entity status at a glance. Visual Thumb Entity verified with incorrect details. (This requires further review) Entity not yet verified / new entity. (This requires additional or updated information) ...
How to Scan/Check a Payment File
Users are able to load payment files directly using the portal. Once the payment file has been uploaded, the eftsure system will run verifications. Note: The scanning of payments runs directly off the eftsure banking extension to the online banking ...
Types of Payment Verification Thumb Results
Once payments have been loaded onto the online banking platform, efsture will run verifications through the bank extension link set up. A verification result for each payment in the batch will be returned by the eftsure system. The following table ...
How to Filter the Scanned Payment File Results
The "Filter Payments" function enables you to filter payments based on the different verification results that are returned when verification is run on records. 1. Select the "Payments" option from the left-hand ribbon. 2. Select the "Filter ...