This topic provides the systematic instructions to settle multiple Import Bills in the application.

1. Navigate to Multiple Bill tab of Bill Settlement screen.
2. Click to specify the filter criteria. The Filter overlay screen appears. Based on the defined criteria you can view transactions.

   Figure 8-7 Bill Settlement – Multiple Bill – Filter

   
   

   
   Description of "Figure 8-7 Bill Settlement – Multiple Bill – Filter"

   
   

   For more information refer to the field description table below:

   Table 8-6 Bill Settlement – Multiple Bill – Filter - Field Description

   Field Name	Description
   Bill Reference Number	Specify the Bill reference number.
   Available for Loan	Select whether the bill is available for loan or not.
   Importer Name	Specify the name of Importer.
   Exporter Name	Specify the name of Exporter who has uploaded the Bill.
   Linked LC Number	Specify the LC number which is linked to the Bill.
   Currency	Select the currency of the bill.
   Bill Amount From- Bill Amount To	Specify the Bill amount range used for searching the Bill.
   Bill Date From - Bill Date To	Specify the start date and end date of the Bill date range used for searching the Bill.
   Payment Type	Select the type of payment associated with the Bill. The options are: Sight Usance

3. Click Apply. The searched results are displayed based on the parameters provided on the Bill Settlement – Multiple Bill – Current and Saving Account screen.

   Figure 8-8 Bill Settlement – Multiple Bill – Current and Saving Account

   
   

   
   Description of "Figure 8-8 Bill Settlement – Multiple Bill – Current and Saving Account"

   
   

   For more information refer to the field description table below:

   Table 8-7 Bill Settlement – Multiple Bill – Current and Savings Account - Field Description

   Field Name	Description
   Current and Savings / Loan/ Custom	Option to select a Current and Savings Account or Loan account for settlement of Bill. Current and Savings: The user can select the CASA account, if he wishes to use for settlement of bill. Note: The balance in CASA account should be equal or more than the equivalent amount of claim in claim’s currency, which is being settled, in case of single claim being liquidated. Loan: The user can select this option to apply for a loan directly from the page. Bank would be informed that the corporate user is looking for a loan. Custom: The user can select this option to apply for custom loan.
   Select All Bills	The option to select multiple bills to apply for the settlement.
   Check Box (Account Selection)	The option against each bill, to select a Current and Savings Account which he wishes to use.
   Bill Reference Number	Displays import bill reference number, which is attached to the Bill.
   Exporter Name	Displays the name of the Exporter party. The exporter uploads the Bills.
   Payment Type	Displays the type of payment associated with the Bill. The options are: Sight Usance
   Linked LC Number	Displays the LC number which is linked to the Bill.
   Maturity Date	Displays the maturity date of the export Bill.
   Bill Amount	Displays the amount of Import Bill.
   Outstanding Bill Amount	Displays the outstanding amount for the settlement of Bill.
   Outstanding Bill Amount in Local Currency	Displays the outstanding amount for the settlement of Bill in local currency.
   Available for Loan	Displays whether the bill is available for loan or not.
   Total Selected Bill	Displays the total selected bill.
   Total Settlement Amount in Local Currency	Displays the total settlement amount in local currency.
   Select Account	Select the source account from which the funds are to be transferred for settlement of Bill.
   Balance	Displays the Net balance in the selected source account.
   Special Instructions	Specify the special remarks.

4. Perform any one of the following actions:
   • Select the Current and Savings Account option, if he wishes to use it for settlement of bill.
   • Select this Loan option to apply for a loan directly from the page.
5. Select the account from which the transfer needs to be made for settlement of Bill from the Select Account list.
6. Select the Custom and click the Link Forex Deal link.The Link Forex Deal overlay screen appears.

   Figure 8-9 Link Forex Deal

   
   

   
   Description of "Figure 8-9 Link Forex Deal"

   
   
   1. Specify the Deal Reference Number in the Deal Reference Number field.
   2. Specify the exchange rate in the Exchange Rate field.
   3. Specify the Forex Reference Number in the Search field.
      The searched Deal Reference Number record details appear.
   4. Click the check box to select the required searched Deal Reference Number record.
   5. Specify the linked amount, in the Linked Amount field.
7. Click Submit to initiate the selected Bills settlement.
   The Settlement of Bills – Review screen appears.
8. Perform any one of the following actions:
   • Verify the details, and click Confirm.

     The success message initiation of Bill settlement appears.

   • Click Cancel to cancel the transaction, The Dashboard appears.
   • Click Back to navigate back to previous screen.

   Note:

   Corporate user can select multiple Bills for settlement.