|
Overview
This section displays EFT information on the Accounts Association Tab when the Financial Type of the account is Bank. More on EFTs
Key Concepts
| • | When the Financial Type of the account is Bank, you will get this column and the Bank Info button. |
| • | The EFT Column is where you configure the EFT Bank Account. |
| • | The letters appear green when the account is configured and black when it is not. |
| • | When you click on the Bank Info button you get the pop-up containing the fields below. |
Field Descriptions
General Tab
| • | Name - Company Long Name. |
| • | Short Name - Company Short Name |
Bank Info Tab
| • | ABA/Routing - Bank routing number |
| • | Account # - Bank account number |
| • | Company ID - typically the company EIN number |
| • | Next Control # - EFT Number |
| • | Balanced Batches - Check this to ensure batch debit and credit amounts are equal |
EFT Tab
| • | A/P Description - What vendors see when they receive the EFT on their bank statement. |
| • | A/P File Prefix - Starting characters of the file name when saved. |
| • | Extension - Extension of the A/P file. |
| • | A/P Directory - Location of the file on the local machine when saved. |
| • | E/R Description - What Employees see when they receive the EFT on their bank statement. |
| • | E/R File Prefix - Starting characters of the file name when saved. |
| • | Extension - Extension of the E/R file. |
| • | E/R Directory - Location of the file on the local machine when saved. |
| • | Override Procedure - EFT Override |
|