We are looking to implement an epayables solution for specific vendors. Epayables is process where a Bank pays our Vendors on our Behalf.
These vendors would be assigned a special payment method in SAP. When invoices are paid with that payment method in SAP , a file in a specific format with Vendor , invoice and Payment information is send to an outside bank to make payments to our vendors. Then Bank will then bill us for all of the payments they have made to our vendors.
How did you Reconcile in SAP : the items that are Billed to us by the Bank to the items were sent for payment to the vendors via the bank.