Integration of the Chain Liability (G-Accounts) module
Feature | General availability online | Public preview |
---|---|---|
Integration of the Chain Liability (G-Accounts) module | Apr 2023 | - |
Business value
Customers can split up their vendor payments to accommodate the legal requirements in some countries that stipulate the splitting of payments on blocked bank accounts.
Feature details
Any vendor can be tagged as a Chain Liability vendor. Two bank accounts need to be maintained, one of them being the blocked account for handling the split amount. The Payment Proposal automatically creates two payments for these vendors.