EFT

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Cashbook Batch Entry

Miscellaneous Codes at point of entry

EFT Vendor Payment Information

All Miscellaneous Codes used in EFT batches must have banking details setup unless you add them at point of entry.

To update all unposted EFT Batches with the latest EFT Miscellaneous Code data select File|Refresh EFT Batches.

During installation of EFTXpress additional fields are created in the C/B Miscellaneous Codes form under the EFT tab.

The banking details in the EFT tab must be setup according to the export requirements of your particular bank.

If you are entering the payment on the fly, or need to change the default account number zoom into the Miscellaneous Code Details and select the EFT tab to enter the banking details.

The fields marked with 'Optional' will depend if they are required for the export file format.

You can zoom into the file format from EFTXpress Bank Codes|Bank Format field to see which fields are used.

Note: The following fields need to be entered if you are adding Vendor details at point of entry.

Tip: Press F9 to enter your grid information into Miscellaneous Code details.

Field

Value

CB Bank Code

The Cashbook Bank Code for which the vendor’s bank account details are setup. When selecting the finder you will only get the option to select Bank Codes that are setup for EFT.

Note: You have the capability to configure and maintain an unlimited number of bank accounts. Additionally, you can set up multiple bank codes, which allows for a highly organized and efficient way to handle your EFT details.

Bank Name

The vendor’s bank account name.

Account Number

The vendor’s bank account number.

The bank account number is now encrypted, keeping it hidden by default to protect against unauthorized access. Users with EFT Misc. Details security rights can access the account number by clicking the Bank Account Field, ensuring that only authorized individuals can view and manage this sensitive data.

Default

When setting up multiple vendor bank payment details for the same Cashbook bank code select which vendor bank details must be used as the default when processing EFT batches.

Branch Code

The vendor’s bank account branch number.

Bank ID

The vendor’s bank account bank id.

Account Type

The vendor’s bank account type.

Swift Code

The vendor's banks swift code (Optional).

Code

The vendor's banks swift code (Optional).

Use CDI

Use the Company Directory Index number.

CDI Number

Refers to the Company Directory Index number where information is held relating to the banking details of creditors that receive payments on a regular basis.

Entity Type or Individual

Select from the following (Optional):

  • Entity Type

  • Individual

  • Alias

Bop Category

The Balance of Payments category (Optional).

Bop Reference

The Balance of Payments reference (Optional).

Bop Reason

Balance of Payments reason (Optional).

No. Segments

In the No. Segments field select Bank Defaults to use the segments and fields setup in the Setup EFTXpress Bank Codes form or select up to three segments for the description that will appear on your bank statement. The amount of segments selected will determine how many fields are included in the description for your bank statement.

Ben. Segments

In the Ben. Segments field select Bank Defaults to use the segments and fields setup in the Setup EFTXpress Bank Codes form or select up to three segments for the description that will appear on the beneficiary bank statement. The number of segments selected will determine how many fields are included in the description for the beneficiary bank statement.

Button

Select

Save

Select the Save button to save changes.


Note: After updating the EFT Miscellaneous Code details, once you select the 'Save' button, you will be prompted with the message: "Do you want to update any unposted EFT Batches for a particular bank making payments to a particular Miscellaneous Code?" Select 'Yes' to update them, or 'No' to leave them unchanged.

Delete

Select the Delete button to delete the Miscellaneous Code.

New

Select the New button to create a new Miscellaneous Code.

Close

Select the Close button to close the Cashbook Miscellaneous Codes form.