Payroll payments
Payroll payments are payments made to employees.
You upload a payment file generated in your payroll software to make payroll payments. You can also download a template within Mimo if you’re not using payroll software.
Supplier payments
Supplier payments are payments to suppliers.
An underlying supplier invoice or bill is always synced from your accounting software.
When making a supplier invoice payment, we set the amount and reference according to the underlying invoice. If you have set up account mapping, Mimo can automatically reconcile the payment in your accounting software.