Outbound Vendor Payments Overview

The Asperato Integration enables you to make outbound payments to pay vendors directly using Payments Plus, without the need for bank files. When making an outbound vendor payment using Asperato, Payments Plus can automatically create, post, and match the related cash entries.

For a list of the supported currencies and regions, see Supported Currencies and Regions.

Note:

Before you begin, you must ensure your administrator has performed the necessary setup. For more information, see Setting up Vendor Payments using Asperato.

To make an outbound vendor payment using the Asperato payment method, use the Payments Plus feature in Accounting.

For more information about creating a new payment proposal for an outbound vendor payment in Payments Plus, see Creating a New Payment Proposal.

Only authorized vendors can receive outbound payments via Asperato so you can use this payment method for specific vendors and currencies. To process a payment through Asperato:

• The payment currency must be the same as the authorization currency.
• The payment method and company name specified on the new payment proposal must match those stored on the vendor account's authorization record.

For more information about authorizing vendor accounts, see Outbound Vendor Payments Account Authorization.

You can make vendor payments only to business accounts. Making payments to personal accounts might require additional monitoring by the Payment Service Provider (PSP): Airwallex.