Suggest Vendor Payments in Payment Journal

Choose Post Payments from the top menu to open the payment journal.


 

Choose the appropriate bank account from the list.

 

 
Next, use the Prepare action to suggest the vendor payment(s) that you want to create EFT for.


Make sure the Bank Payment Type = Electronic Payment.

  Generate Report (Remittance Advice)

Once you have the payment(s) pulled in, click the Bank action, then choose Export. This will generate the remittance advice and a copy of the remittance advice.


Choose the options you want in the export dialog box.



Print Company Address specifies if your company address is printed at the top of the sheet if you do not use pre-printed paper. Leave this check box blank to omit your company's address.

  Generate EFT File

Click on the Bank action and choose Generate EFT File



A generated EFT dialog box will appear, with the line(s) from the payment journal pulled in. The description field is a locked field and will contain the bank account name.

Confirm the details are correct, then click Generate EFT Files in the actions menu.



The report will download to your local files, and you will know the EFT has been generated because the line(s) will disappear from the bottom section.

  Post Payments

Click the back button until you are back in the Payment Journal. Choose the Post/Print action item and click Post. This will post the transaction to the general ledger.