Priority World First foreign exchange payments overview Developed to allow companies to pay vendors...
-
Upload
christian-lang -
Category
Documents
-
view
217 -
download
0
Transcript of Priority World First foreign exchange payments overview Developed to allow companies to pay vendors...
![Page 1: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/1.jpg)
![Page 2: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/2.jpg)
Priority World First foreign exchange payments overview
• Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard Priority financial module.
•World First provide very competitive exchange rates. ??????
•
![Page 3: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/3.jpg)
PDA Configuration
• Service users and warehouses setup within Priority are assigned to the PDA.
Create a payment by bank transfer, selecting the vendor to pay.
![Page 4: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/4.jpg)
Select World First as the paying bank account
![Page 5: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/5.jpg)
Select the payment date, Priority warns that a transaction between two currencies will take place.
![Page 6: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/6.jpg)
On the flag invoices for payment sub level form, flag the invoices for payment
![Page 7: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/7.jpg)
Run the World First Payments direct activation
![Page 8: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/8.jpg)
Enter the account password, Priority contacts World First and gets an exchange rate
![Page 9: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/9.jpg)
You get a quote and can confirm it if you are happy
![Page 10: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/10.jpg)
The transaction was successful - click the link for full remittance advice.
![Page 11: Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard.](https://reader035.fdocuments.in/reader035/viewer/2022062422/56649f1f5503460f94c37846/html5/thumbnails/11.jpg)
The World First transaction ID is recorded against the vendors invoice.