The Accounts Payable folder display all vendors with a variety of information choices.
Below we display the EFT Payments Information view which include the EFT Status, Bank Id, Bank Transit, Bank Account and Transaction Code settings for EFT payments for Canada and the USA.
For more information on changing the views please see Information Views.
Please Note above: that the Bank ID is filled in and the Transaction Code is left blank.
Please Note above: that the Bank ID is blank and the Transaction Code is filled in.
| Vendor Trade/Tax and EFT Payments Information | |||
| Line | Trade Information | Canadian EFT setup | USA EFT setup |
| 1 to 4 | Taxes | Optional settings to Tax 1 and Tax 2 for purchase transactions | Used in Canada and other countries to set additional Trade Tax options for purchase transactions |
| 5 to 7 | Terms | Set Terms: Discount Days, Discount Rate and Net Payable Days for a vendor | |
| 8 | EFT Payments Status | When the EFT Payments Status is set to Active, EFT / ACH transactions are created in the EFT file. Also the printing of checks is disabled, and the printing of EFT Payments Advisories is enabled. | |
| 9 | EFT, Bank ID | The 3 or 4 digit number of the vendor's bank | leave blank, see line 10 below |
| 10 | Bank Transit | The 5-digit number of the vendor's bank | Receiving DFI Identification, the 9-digits of Transit Routing Number of the vendor's bank. The first 8-digits of Transit Routing number of bank plus the ninth check digit. |
| 11 | Bank Account | The 7 to 12 digit number of the vendor's bank | The DFI Account Number, up to 17-digit of the vendor's bank account |
| 12 | Transaction Code | leave blank | see "Transaction Codes" table below |
| Transaction Codes | Return/NOC | Normal Entry | Pre notification |
| Checking Account Credit | 21 | 22 | 23 |
| Savings Account Credit | 31 | 32 | 33 |
| Financial Institution GL Credit | 41 | 42 | 43 |
| Loan Account Credit | 51 | 52 | 53 |