About Electronic Payment Remittance Advices
Generate a remittance advice form for each vendor which explains the invoices and credit memos being paid and assists the vendor in applying the payment correctly.
The Electronic Payment Remittance Advice screen is accessible from the A/P Payments Processing menu after you generate electronic payments. Both ACH and AFT payment formats generate the same remittance form.
Note: Comdata payments do not need a remittance advice because they are sent automatically via email from Comdata.
This screen notifies you if any vendors were paid electronically that do not have a stored email address. Spectrum compiles separate PDF reports for each vendor with an email address plus an optional distribution report containing forms for the vendors without a listed email.
