The bank account number captures where the vendor wants to be paid.

The bank account code represents the identification of the bank account for that vendor from the point-of-view of the downstream ERP system.

The bank account is populated based on the Bank Details setting that is mapped and populated in the vendor master database.

You can configure formatting and validation settings for these fields via the Settings > Invoice Processing > Capture Profiles > Field Settings.

For each account specified where the account currency matches the currency of the invoice, the system looks for the bank details on the document. If bank details are found, the first matching bank account number and the corresponding bank account code are copied into the fields.

If the user enters a new purchase order or vendor in the Validation Activity, the bank account details are reassessed automatically by the system.

It is possible to limit bank account identification to only those vendors that require payment through bank transfer.