Batch: Entity Definition

ACCOUNTING --- BATCHES

Using batches allows for  ease of auditing (if there is an error you can summarize batches and zero in on which batch has the error) or financial control. Batches are system generated and are used to verify data before it is sent to the integrated accounting system. 

General Tab

• Batch ID - An automatically generated name for the batch. The following are the default names for batches. To set up custom Batch logic, click here: Batch Setup.
• If the Batch is of the type Invoice, the name will be “INVMMDDYYYY.”
• If the Batch is of the type Payment, the name will be “PMTMMDDYYYY.”
• If the Batch is of the type InvoicePayment, the name will be “APPMMDDYYYY."
• If the Batch is of the type Refund, the name will be “PMTMMDDYYYY.”
• If the Batch is of the type Revenue Recognition, the name will be “INVMMDDYYYY.”
• If the Batch is of the type Credit, the name will be “CRDMMDDYYYY.”
• If the Batch is of the type InvoiceCredit, the name will be “APCMMDDYYYY.”
• Status Reason - The status of the batch. This field is autopopulated and automatically updated.