Payment formats are functions that let users create different payment instrument files to be communicated electronically with banking systems. The bank format information is loaded into the system, default values can be modified in a Payment Format function, and you can link your banks to the required format. The format information is then accessed by the system when electronic payment files are generated.

Different payment formats are necessary for each country to support different inbound/outbound file format requirements. The formats can be downloaded from the QAD Support Web site. A generic format is provided with the system.

In addition, multiple paper payment formats are supported for payment instruments, such as checks and drafts.