This End Of Day (EOD) report shows any Periodic Payments created automatically by the system during an Accounts Payable EOD.
It shows the payments created during overnight processing based on Standing Payment details. Standing Payments are regular scheduled payments that you create once so that you do not need to enter them into the system manually each “period” e.g. monthly rent or lease repayments.
Can I Exclude It?
Yes.
If you have not set up any standing payments, this report won’t run anyway, but it can be flagged as excluded to help you see what reports are included/excluded in the EOD run.
If you are using standing payments, and you are not interested in seeing a summary of the transactions created, it is safe to exclude this report.
Can I Reproduce It?
Not specifically as this report focuses in on only the Period Payments automatically created during overnight processing at their given due date. However, the ‘Cash Payments (Summary)’ report is available on the menu which includes any Period Payments for the month, along with any other payments that have been processed for the month, whereas the EOD ‘daily’ report only includes periodic payments created during overnight processing.
Who Should Receive It?
Typically, this report should go to someone in an Accounts Payable role.