Help with startup and setting up the program
When you, or your Microsoft Partner, have added Continia Payment Management for your Dynamics NAV or Business Central on-premises, you are ready to customize the extension for your company.
As part of Payment Management, you can access Setup wizards, which will guide you through the basic setup.
The following setup guides are available:
| Guide | Description |
|---|---|
| Setup Wizard for Payment Management | Basic data setup for Payment Management. This wizard guides you through the basic setup, you should review before you start adding payment information to each vendor: - Import bank setup - Set up banks - Set up bank accounts - Setup of balance account - Create journal type for electronic payments - Create payment journal - Create payment suggestion - General setup for Payment Management. |
| Setup Wizard for vendor payment Information | Vendor payment information setup for Payment Management. This wizard guides you through the information that must be filled out before payments can be made to a vendor: - Vendor payment group and sender reference - Checking vendor payment information - Checking vendor payment information regarding GIRO or FIK |
| Setup Wizard Bank Reconciliation | This wizard guides you through the information that must be filled out in order to start using the Statement Intelligence module. |
Creating and validating bank accounts
In the first of the three wizards, your existing bank accounts will be validated and updated according to Payment Management, so file formats and bank information are correct when making payments to the bank. If you want to use direct communication, this wizard will make sure that your bank accounts are properly set up to use direct communications.
Setup currency fixed balance account
Foreign currency payments may involve additional transaction costs. Therefore, some companies have set up specific bank accounts for this purpose. In the first of the three setup wizards, you will be able to define which bank accounts you want to use for payments in different currencies. This ensures that the correct bank account is linked to the payment, according to the traded currency.
Creating vendor payment information
Most companies have many vendors, and therefore, creating vendor payment information can be a large task. Making a dedicated wizard Payment Management has made the process of creating vendor payment information easy.
The wizard will help you:
- Define which payment method to create on new vendors, based on the country or region code of the vendor.
- Ensure that the payment information is valid on all of your vendors.
- To replace payment information on vendors.
- That there will be a standardized way of processing payments to vendors.
Automatic Setup from Continia Software
Much of the setup needed to get Payment Management to perform optimally, is automatically imported and updated through Continia Online.
As Continia Software continually develops integration to new banks, or extends with multiple payment methods at an existing bank, Continia Software implements this in Payment Management using external components located on Continia Online: Continia Bank Integration Component (CBIC) and Continia Bank Communication Components (CBCC).
Thus, the setup of banks, payment methods and validation rules is not programmed directly into Payment Management, but is placed at Continia Online, outside the application.
Thereby you have the advantage of not having to update your Dynamics NAV or Business Central on-premises every time improvements are made to banks, payment methods, or validation rules that are integrated with Payment Management.
The following setups are automatically imported from Continia Online:
| Area | Description |
|---|---|
| Banks and Bank bookkeeping central | Import and update through Continia Online. Defined and maintained exclusively by Continia Software and cannot be changed by the client |
| Payment methods | Import and update through Continia Online. Defined and maintained exclusively by Continia Software and cannot be changed by the client |
| Validation | Import and update through Continia Online. Defined and maintained by Continia Software - can be changed by the client, but it is not recommended |