Payments

Use the Payments form to prepare payments and to then execute them using the Create SEPA payments option.

The Payments form consists of the following components:

• In the top half of the form, you see all payments that must be made.
• In the bottom half, drag the payments you want to make. Selected payments
• On the right-hand side you will see some payment details and a graph of the open items. You can choose the time settings for the chart as you like.

Payments

All payments that are ready to be executed are shown in the top half of the form. You can filter the data in order to display only the information you are interested in. On the ribbon below Start, there are two options allowing you to enable the first filter: Show debtor payments and Show blocked payments.

Another way to sort payments is by Reference date, which is available at the top of the Payments window. Choose a date to change the reference date for the payments in the overview. The Days overdue column shows how many days are left, calculated from the reference date to the due date. If the due date is exceeded, the number of days in the Days overdue column is positive.

Initially, the reference date is set to the current date. To see payments due on a different date, change the reference date. For example, change it to a week in the future. This gives you an easy way to display all payments that are due on the chosen date.

SEPA world payments

In addition to SEPA payments within or to euro countries, you can make payments to countries outside the eurozone based on SEPA standards. If you drag the payments you want to make to the bottom half of the form, and only a bank account is filled in, Isah Finance will assume that it concerns a SEPA world payment. The following settings are required for a SEPA world payment:

• A bank day book that is suitable for SEPA world payments
• The bank account number of the recipient of the payment. In some countries outside the eurozone, including some countries in the Middle East, IBANs are used for world payments. In those cases, the 'SEPA world payment' type is not assigned automatically; you have to select the type yourself.
• The BIC of the bank of the payment recipient
• The desired bank charges type. By default, shared bank charges (SHA) are assumed, but you can also select a different bank charges type: BEN (the person receiving the payment will pay the charges), or OUR (the person making the payment will pay the bank charges).
• A form view containing the Payment type and Bank charges columns (if you do not want to use the standard bank charges type and share the bank charges).

Specifying the payment date

You can instruct your bank to make payments on a particular date by specifying a planned date for open items. This ensures, for instance, that weekly payments will continue during your absence. You can also use a planned date to postpone payments until your balance is sufficient. Payments that have a planned date are conveniently grouped in the SEPA payment wizard. If you leave the planned date empty, the payment date of the SEPA payment wizard will be used. The default date is the current date.