The Lithuanian market began using LITAS, the unified electronic banking system, in 2005. LITAS is the unified file format used to export foreign customer payments from the company accounting system to the banking system.

  1. Click Accounts receivable> Journals> Payments> Payment journal.

  2. Press CTRL+N to create a new journal, and enter the required details.

  3. Click Lines, and then create payment journal lines or select open transactions to settle.

  4. Enter the required details.

  5. In the Method of paymentfield, select the method of payment for the current payment.

  6. In the Debitfield, enter the debit amount in the given currency.

    Note Note

    If sufficient funds are not available in the currency indicated in the payment order, the deficient amount must be converted from the selected currency.

  7. Click the Paymenttab.

  8. In the Payment purposefield, enter the purpose of the payment.

  9. In the Payment priorityfield, select the payment priority.

  10. In the Foreign bank feefield, select the appropriate fee type.

  11. Select the Inform by telexcheck box, if the payment must be announced by telex.

  12. Select the Inform by phonecheck box, if the payment must be announced by phone.

  13. Click Functions> Generate paymentsto open the Generate paymentsform.

  14. Click Payment method,and then in the Method of paymentfield, select the customer method of payment or click Export format,and then in the Export formatfield, select the format for export of the payments.

  15. In the Bank accountfield, select the bank account number.

  16. Check the Show format dialogcheckbox to review the payment format before generating payments.

  17. Click Selectto specify details for the journal lines.

  18. Click Dialog,and then in the File namefield, select the file path and name.

  19. Click OKto return to the Generate paymentsform.

  20. In the Generate paymentsform, click OKto generate the payment transfer.

See Also