Setting up a Member/Tenant Account for Pre-Authorized Debit (PAD)

In order to process PADs, you must first set up the accounts for EFT (Electronic Funds Transfer).

To set up an account for EFT, follow these steps:

1. In the Database Explorer, activate (click on) Current Members/Tenants.

   Current Members/Tenants can be found by expanding the following folders: NewViews/Account/Accounts Receivable

2. Click Accounts + and choose EFT Payments Information.

   The EFT Payments Information view will be displayed.

   

   

3. Position on the EFT Status field of the member/tenant account and press <F3> to choose active.

4. Enter the following details for the account:

   • Bank ID
   • Bank Transit
   • Bank Account

   Leave the Transaction Code field blank

5. Repeat the process for all member/tenants from whom you will be receiving payments for housing charges by PAD.

For information on processing PADs for housing charges, see Processing Pre-Authorized Debits for Housing Charges.