The beauty of using a collection batch is that your outstanding purchase invoices are automatically paid to your suppliers, saving you time and effort.
To create a payment batch, follow the steps below:
Navigate to Expenses in the let-hand menu;
Choose Purchase invoices;
Select the invoices for the debit batch. Make sure these suppliers have a valid IBAN;
Choose Select an action and click on Payment batch;
In the dropdown, select the bank account you want to use and click Create batch;
The batch is now created and available for download;
Navigate to Overviews;
Choose Batches;
Select the batch(es) you need and click on Download;
Upload the batch to your online banking environment to initiate the collection.
Pro Tip: If you’re using an automated bank connection with Rabobank, bunq or ING, the batch will automatically upload to your bank environment. Step 7 becomes redundant—you’ll just need to approve the batch with your bank.