Setting up Recipient Payment Information
After having completed the installation of Continia Banking, the payment method defined on your existing vendors, customers, and employees must be changed to a payment method supported by Continia Banking, as the solution only runs with these payment methods. We recommend that you use the Bank Account assisted setup guide to update the payment methods on all existing vendors, customers, and employees.
To set up payment methods and preferred bank accounts for customers, vendors, and employees:
Use the
icon, search for Assisted Setup, and then select the related link.Navigate to the Continia Banking section, select Set up Recipient Payment Information, and on the action bar, select Start Setup.
The wizard provides a step-by-step guide to update payment methods that are not supported by Continia Banking, and to modify the details as required. It enables you to review the suggested updates for vendors, customers, and employees, make any necessary modifications to payment methods, and assign preferred bank accounts if required. Once you finalize the process, by default, all the open ledger entries will be automatically updated with the preferred bank accounts and payment methods.
Important
The updates will only be applied if you complete all the steps in the wizard and select Finish.