Recording Multiple Invoice Payments via a Single Bank Draft in Blackbaud FENXT

Overview

Blackbaud recently introduced a new feature that allows you to record payments for multiple invoices using a single bank draft. This can be especially useful when reconciling invoices synced from Ramp, as it provides a faster and more efficient way to handle bulk payments.

Why This Matters

Currently, the Ramp for FE integration does not support bank draft payments via API. However, this Blackbaud feature offers a workaround that allows you to:

• Record multiple payments at once

• Avoid manual entry for each invoice

• Simplify your month-end or reconciliation process

• Skip the need for creating or managing any clearing accounts

How to Use the Feature

1. Navigate to Treasury > Bank Drafts in Financial Edge NXT.

2. Select New Bank Draft.

3. Choose the Vendor and the Invoices you want to include.

4. Enter the payment amount and draft details.

5. Review and save the draft to apply the payment across selected invoices.

Tip: Make sure the invoices have been synced from Ramp and are ready to be paid before using this method.

When to Use This

This is ideal when:

• You're processing payments outside of credit card workflows

• You need to close out multiple open invoices quickly

• You're performing month-end close or reconciliation

For more information, view the Blackbaud Help Files.