View Business Entities & Funding Accounts
Navigate to the Company level Payments tool.
Click the Payments Settings
icon.
This opens the Payments Settings page. The 'Business Entities' page in the 'Payments Processing' tab is active by default. This page lists all of your company's business entities that have been configured to pay invoices.For each business entity, click the funding account(s) link to view the account information.
Funding Accounts Table
The table below details the elements for the Funding Accounts table. Verified funding accounts can receive drawdown requests when creating disbursements.
Element | Type | Description | Learn more... |
|---|---|---|---|
Nickname | Field | A Payments Admin enters the account nickname when linking an account. The nickname allows Payment Disbursers to identify an account when creating disbursements. It also protects your financial privacy by eliminating the need to provide disbursers with the full bank account number. | |
Verification Status | Field | Shows the current verification status of the account. | Add Funding Accounts as a Payor What are the default verification statuses for bank accounts in Procore Pay? |
Bank ID | Field | A Payments Admin enters a unique Bank ID portion to be part of the unique check number issued to the next invoice payout from this account. A payout is an invoice payment in a disbursement. | |
Next Check No. | Field | A Payments Admin enters a unique Next Check No to be part of the unique check number issued to the next invoice payout from this account. A payout is an invoice payment in a disbursement. | |
Default | Field | Indicates the account is the default withdrawal account for Procore Pay in the payor environment. | |
Deactivated | Field | Indicates the account has been deactivated. | |
Overflow | Menu | Click the vertical ellipsis and choose one of the menu options. The available options in this menu are: Edit, Set as Default Funding Account, and Deactivate. On the Default account, only Edit and Deactivate are available. On a Deactivated account, only Edit is available. |