Reference: Settlement Business Processes

Business Process	Description
Settlement Run Event	Initiates when you create a settlement run. Workday delivers the default definition of this business process minimally configured. You can add steps, such as approvals. When you deliver payment files to external parties, don’t include an integration step on this business process. Workday recommends that you configure the integration step on the Payment Release Event or Outsourced Payment Release Event business process instead.
Cash Balance Check Event	Checks for overspending of funds in accounting journals and settlement run payments. To use this business process, add a Check Cash Balance action step to any of these business processes: Accounting Journal Event Express Settlement Run Event Settlement Run Event You can add this action step more than once, but 1 instance must be the completion step.
Cash Balance Check Event (Do Not Use)	Checks for overspending of funds in ad hoc bank transactions and settlement run payments. To use this business process, add a Check Cash Balance (Do Not Use) action step to the Settlement Run Event or Ad Hoc Bank Transaction Event business process. You can add this step more than once, but 1 instance must be the completion step. We plan to retire the Cash Balance Check Event (Do Not Use) business process with the old cash balance check functionality in a future update. Workday recommends that you use the Cash Balance Check Event business process with the advanced cash balance check functionality for a more streamlined cash balance check exception process.
Express Settlement Run Event	Initiates when the Miscellaneous Payment Request Event business process completes for a miscellaneous payment request that you route through an express settlement run. When you deliver payment files to external parties, don’t include an integration step on this business process. Workday recommends that you configure the integration step on the Payment Release Event or Outsourced Payment Release Event business process instead.
Outsourced Payment Release Event	Initiates when the Settlement Run Event business process completes for payments that you're sending to an outsourced check printing service. On the business process definition: Add an Integration for Processing Outsource Payment Group business process step for each integration, and select the Outsourced Payment Group ID integration criteria. Configure the Document Delivery service step on each Integration Process Event to route payments. When you deliver all integration files to the same bank: Include a Document Delivery step on the Outsourced Payment Release Event business process. Remove the Document Delivery step from each Integration Process Event . When you add multiple integrations to the business process, they all initiate at once. When you add an integration step and select Integration for Processing Outsource Payment Group , Workday initiates a single integration conditionally. The integration that Workday initiates depends on the: Bank account Payment category Payment type
Payment Release Event	Initiates for each electronic payment included in a settlement run when the Settlement Run Event business process completes. On the business process definition: Add 1 Integration Process Event business process step for each bank account integration. Workday recommends that you configure the dynamic integration system. Configure the Document Delivery service step on each Integration Process Event to route payments. When you deliver all integration files to the same bank: Remove the Document Delivery step from each Integration Process Event business process. Add a Document Delivery step on the Payment Release Event business process. When you pay AMEX for expense credit card transactions, you can include the Remittance service step to produce remittance files that accompany payments.
Print Checks Task	When payments within a settlement run require checks, Workday automatically: Creates an event for printing checks. Sends a notification to the settlement specialist.
Payment Printing Event	Initiates to generate a positive pay file when the Print Checks Task business process completes. To generate positive pay files: Select the Enable Positive Pay check box on the payment bank account. Configure the positive pay file integration on the Payment Printing Event business process.
Remittance Release Event	To settle expense payments with AMEX for expense credit card transactions: Create the integration event for AMEX remittance files. Include the Remittance service step on the Payment Release Event business process. To attach netting statements to your supplier emails, add the Netting Statements report field to the attachment section of the Remittance Release Event business process.