LLP’s Bank Payment System for SunAccount is a set of 'SunExtra' programs that not only automates the process of payment selection and the transmission of payment instructions to the bank, but also provides automatic matching of bank statement items against open debtor, creditor or bank account entries. The Bank Payment System comprises a number of sophisticated configuration options designed to cope with the customs, conventions and legal frameworks of a large number of countries, as well as with a wide variety of electronic formats offered by banks. The Bank Payment System enables:   

Generation of Outgoing Electronic Payment Instructions

• Selection of overdue or forced payments
• Multiple currency payments
• Multiple bank accounts

Processing of Electronic Bank Statements

• Automatic matching (with defined tolerance) against open Creditor and Debtor invoices
• Automatic handling of bank charges
• Provision for assisted manual matching (including splitting) of unmatched transactions

LLP's Bank Payment System is used at more than 200 SunSystems sites in:

• United Kingdom
• Belgium
• The Netherlands
• Sweden
• Germany
• Czech Republic
• Russia
• Poland
• Hungary
• Romania
• Bulgaria
• Slovenia
• Croatia
• Slovakia
• Serbia
• Lithuania
• Estonia
• Latvia
• Ukraine

Interfaces already exist for connection to the banking systems of the following banks: