Difference between revisions of "10. Bank and EFT Details"
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(Created page with "Overview EFT Details EFT Details - Do you know where to set the EFT or electronic banking details for a bank account? While creating an Account when you select the Account...") |
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| − | + | '''EFT Details''' | |
| − | EFT Details | + | '''EFT Details - Do you know where to set the EFT or electronic banking details for a bank account?''' |
| − | + | While creating an Account when you select the '''Account Type''' as '''Check''' and '''Saving''' the banking details field is activated. | |
| − | + | The '''EFT (Electronic Fund Transfer)''' function enables your Company to process funds ready for electronic transfer. This function will create an ABA file ready to be processed by your bank. You must register with your bank which will issue you with an APCA number to enable you to access the EFT system. '''Electronic Funds Transfer (EFT)''' is an efficient means of processing single or multiple payments via a direct bank transfer. | |
| − | + | '''Under these Bank Details fill out.''' | |
| − | + | '''1. Bank Account Name | |
| − | + | ||
| − | 1. Bank Account Name | + | |
2. BSB Number (Bank/Branch Number or Swift Code) | 2. BSB Number (Bank/Branch Number or Swift Code) | ||
3. Account Number | 3. Account Number | ||
4. APCA Number (supplied by your Bank) | 4. APCA Number (supplied by your Bank) | ||
| − | 5. Bank Code | + | 5. Bank Code''' |
| − | Click EFT Options and make sure which options fits with your banking software. | + | '''''Click EFT Options and make sure which options fits with your banking software.''''' |
Revision as of 04:45, 17 December 2014
EFT Details
EFT Details - Do you know where to set the EFT or electronic banking details for a bank account?
While creating an Account when you select the Account Type as Check and Saving the banking details field is activated.
The EFT (Electronic Fund Transfer) function enables your Company to process funds ready for electronic transfer. This function will create an ABA file ready to be processed by your bank. You must register with your bank which will issue you with an APCA number to enable you to access the EFT system. Electronic Funds Transfer (EFT) is an efficient means of processing single or multiple payments via a direct bank transfer.
Under these Bank Details fill out.
1. Bank Account Name 2. BSB Number (Bank/Branch Number or Swift Code) 3. Account Number 4. APCA Number (supplied by your Bank) 5. Bank Code
Click EFT Options and make sure which options fits with your banking software.
