Working with Third-Party Invoices
Third-party invoices are the invoices that track the incomes and expenses resulted from contracts based on the bank or financial institution's agreements with third-party entities (agents, brokers, etc.) . Core Banking has a dedicated menu for managing third-party invoices. These third-party invoices are attached to agreements with third-party entities. You can create invoices manually, or allow Core Banking to create the invoices automatically, using a dedicated scheduled job.
Managing Invoices For Third-Parties
To manage third-party invoices:
-
In FintechOS Portal, click the main menu icon and expand the Core Banking Operational menu.
- Click the Invoice menu item to open the Invoices page.
On the Invoices page, you can create a new invoice manually, search, edit, or delete an existing third-party invoice in Draft status.
NOTE
Core Banking can also create the invoices automatically, using the TPM Invoices (TPM) scheduled job. This job runs once each night and creates third-party invoices and payments, for the combination of third-party entity/ agreements currency, during the validity of the agreement, on the Payment Day of each agreement, as defined in the third-party agreement's
Core Banking can also create the invoices automatically, using the TPM Invoices (TPM) scheduled job. This job runs once each night and creates third-party invoices and payments, for the combination of third-party entity/ agreements currency, during the validity of the agreement, on the Payment Day of each agreement, as defined in the third-party agreement's
Payment Periodicity (daily, monthly, or weekly).NOTE
Users with the associated role of Loan Admin Officer or Retail Credit Officer can insert, update, or delete third-party invoice records. Users with the other associated Core Banking security roles can only view such records.
Users with the associated role of Loan Admin Officer or Retail Credit Officer can insert, update, or delete third-party invoice records. Users with the other associated Core Banking security roles can only view such records.