What is 'payment run' in SAP SBO - SAP Business One?

payment run - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: One instance of executing the payment wizard.

payment run - Details

• 
  Key Concepts: 
  Payment run is a feature in SAP Business One (SBO) that allows users to automate the payment process. It enables users to create and manage payment batches, which can be used to pay multiple vendors at once. The payment run feature also allows users to set up payment rules, such as payment terms and payment methods, and to track payments.
  
  How to use it: 
  To use the payment run feature in SBO, users must first create a payment batch. This can be done by selecting the vendors that need to be paid and entering the payment details. Once the batch is created, users can then set up the payment rules, such as payment terms and payment methods. Finally, users can initiate the payment run process by clicking on the “Run Payment” button. 
  
  Tips & Tricks: 
  When setting up the payment rules, it is important to ensure that all of the necessary information is entered correctly. This includes the payment terms, payment methods, and any other relevant information. Additionally, it is important to double-check that all of the vendors in the batch are correct before initiating the payment run process. 
  
  Related Information: 
  For more information on how to use the Payment Run feature in SBO, please refer to SAP’s official documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d5b2c9f1e4d6a.html