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For outbound vendor payments, Asperato uses Airwallex as the Payment Service Provider (PSP).
You must configure at least one Airwallex account in Asperato ONE. You must have the Asperato Outbound Full Admin permission assigned to create PSP connections.
To facilitate bank reconciliation in FinancialForce Accounting, we recommend creating a separate Airwallex account for each Accounting company that wants to use Asperato for outbound vendor payments from Payments Plus. Create a separate bank account in Accounting for each currency that you want to make payments for from your Airwallex (account) wallet, using Payments Plus.
For example, you must set up two bank accounts in Accounting to correspond to each currency in your Airwallex (account) wallet if you have an Airwallex account for an Accounting company:
- With an Airwallex wallet balance for EUR
- With an Airwallex wallet balance for GBP
Transfer funds into the Airwallex Accounting bank accounts via a cash entry or journal before starting to use the outbound vendor payments feature.
The names of the Merchant Groups created for the Airwallex Payment Service Provider (PSP) must match your Accounting company names.
For more information about setting up Airwallex accounts, see the Asperato ONE documentation.