Difference between payment file admin and payment batch. How to create a payment batch?

AI generated answer (using internal Slack threads):

The Payment File Administration and Payment Batch in NetSuite are two different entities. The Payment File Administration is a record that is used to manage the payment files that are generated from the payment batches. It provides a user interface to view and manage the payment files. You cannot create a Payment File Administration record directly. It is created automatically when you generate a payment file from a payment batch. On the other hand, a Payment Batch is a group of payments that are processed together. You can create a payment batch by following these steps: 1. Navigate to Transactions > Bank > Enter Payment Batch. 2. On the New Payment Batch page, select the Bank Account from which the payments will be made. 3. In the Criteria subtab, specify the criteria for the payments that will be included in the batch. You can specify the Date, Due Date, Currency, and other criteria. 4. In the Payments subtab, review the payments that match the criteria. You can include or exclude payments from the batch. 5. Click Save to create the payment batch. Once the payment batch is created, you can generate a payment file from it. The payment file can then be uploaded to your bank for processing. The Payment File Administration record for the payment file is created automatically when you generate the payment file. Please note that the ability to create and manage payment files and batches may require specific NetSuite modules or bundles, such as the Electronic Bank Payment module or the Advanced EFT bundle. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******