Introducing the ability to cancel or update a Payment Line within a Payment Run
We have introduced two new API endpoints to allow users to cancel and update payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. lines when a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. is created.
Effective:
- 06 December 2024 on Sandbox
- 10 December 2024 on Live
These endpoints enable users to cancel or update specific payments flagged by CoP (Confirmation of PayeeConfirmation of Payee A service that automatically verifies bank account details when creating payment runs or outgoing wire transfers. For GBP payments, CoP checks return results showing Exact Match, Close Match, or No Match, including reason codes and additional information to help verify the payee details are correct.) results, avoiding the need to cancel the entire payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution..
When a payment is in the PENDING_CONFIRMATION status, users with a Creator role can cancel or update a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. line before the user with a Controller role confirms the payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution..
Cancel a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. line
Allows cancellation of individual payment lines before confirmation by a Controller.
- Cancel a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. payment (https://weavr-multi-api.redoc.ly/3.51.0/tag/Access#operation/putCancelPaymentRunPayment)
Update a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. line
Allows modification of payment line details before confirmation by a Controller.
- Update a payment runPayment Run A list of payments created by Buyers to settle their outstanding financial obligations with their suppliers. Payment runs are typically managed by the accounts payable function within a business on a periodic basis and go through stages of creation, authorisation, funding, and execution. payment (https://weavr-multi-api.redoc.ly/3.51.0/tag/Access#operation/putPaymentRunsId)
When a payment line is canceled or updated, you will receive the Payment Run webhook and a Payment Run Payment webhook.
More information can be found in our documentation here.