A KID number (Kunde ID, customer identification number) is a payment reference used for Norwegian account-to-account payments to identify the customer or vendor and the invoice paid. The length of a KID number can vary from 2-25 digits. Standard BC uses modulus 10 to calculate the last part of the KID number.
The banks in Norway offer to store the KID number for each registered transaction (as additional information to name, address, and account number) to make it easier for companies to keep track of payments.
The bank must approve an agreement about using the payment method KID before sending an invoice with KID. Otherwise, the online bank will reject the KID number and cancel the transaction.
When you import an account statement, Payment Management tries to match according to the setup in Sales & Receivables.
To view the default setup:
Use the icon and search for Sales & Receivables, then select the related link.
On the Documents FastTab, navigate to the KID Setup field. This field determines how to structure the KID reference. The options are:
- Document No.
- Document No. + Customer No.
- Customer No. + Document No.
- Document Type + Document No.
- Document No + Document Type
Navigate to the Document No. length field to assign the default length for the document number in the KID number. For example, if you enter 10, the document number will be prefixed with zeros if the document number is not long enough.
Navigate to the Customer No. length field to assign the default length to the customer number in the KID number.
You can also refer to the Payment Management mask setup that is used for matching OCR references when matching payment receipts. For more details, refer to the Defining the Payment ID article.
- Use the icon and search for Vendors, then select the related link.
- Open the relevant vendor card.
- On the vendor card, navigate to the FastTab Payments.
- In the field Payment Method Code, choose the payment method KID (KID Payment).
- Fill in other relevant payment information such as Preferred Bank Account Code and Balance Account No.
The vendor bank account must have been set up with Bank Account No., SWIFT Code, and IBAN.