I don’t work in accounts payable, so forgive me if I’m asking some dumb questions.
Our company uses the MYOB accounts package and our accounts team really like it because amongst other things it’s quite easy to create batch payment files in.
A batch payment file, as I understand it, is a type of text file containing a list of payments that you want your bank to process.
In MYOB you go through all your bills and select the ones you want to pay and then at the end you can generate and export one of these batch payment files, which in turn you upload to your netbanking app and hey presto the bank runs the file.
Specifically the format we use is a ABA file, but my understanding is CSV files are also accepted by many banks.
Now I haven’t found any obvious way to do this in ERPNext. But it’s occurred to me that this would surely be something that any business with more than one supplier would need to be doing.
So what is everyone else doing? Do I need to create a custom report? Is the feature in there and I just haven’t figured it out? If you’re not using a batch payment file, how the heck is your account payable keeping up with paying your suppliers? What is everyone else doing?