Deltek Vantagepoint Accounts Payable Series: AP Electronic Funds Transfer - Learning Video

This learning video discusses the AP Electronic Funds Transfer (EFT) process to pay your vendors electronically in Deltek Vantagepoint.

Duration: 08 minutes and 37 seconds

Mary Maffiore

Automatic Payment Run	All vouchers that are due to be paid in the active period that you have open in Vantagepoint are automatically selected to be paid, based on each vendor's payment terms.
Manual Payment Run	Vouchers are reviewed and selected manually to be included in the payment run.
EFT	Electronic Funds Transfer
Payment Date	Date that will display on printed checks
Payment Type	Type of payment that will be used to pay the AP Vouchers: Printed Check, EFT, Wire Transfer, or Direct Debit
Process Type	Type of Payment run that will be created: Automatic or Manual
Bank Cash Requirements	The amount of cash required from each bank to pay the vouchers in the payment run.
Cash Requirements Report	Report that lists each invoice and AP voucher amount to be paid in the payment run for each vendor, as well as a final total amount.
PWP	Pay When Paid; Pay the Vendor when you receive payment from the client
Remittance	A "proof of payment" document that can be emailed to the Vendor