Accounts Payable - EFT File Format

Pgm: APEFTFM – EFT File Formats; Accounts Payable > Setup > Global Tables > EFT Formats

This screen should be used by companies paying vendors by direct deposits (Electronic File Transfers) rather than by checks. The only EFT file formats to set up here are those for the banks from which EFT payments are made. The requirements for each code field (Code 1… Code 29) are particular to an EFT file format provided by banks. Once a format is set up, it can be used to create a prenote file in the Accounts Payable - Prenote File screen.

Selection Criteria

EFT Format

Enter/select an EFT file format from the list of bank formats currently supported. For convenience, a standard prenote file format is provided called "STD_EFT".

File Definition

The details in the File Definition section are for the selected bank-specific EFT file format. This section details the record layout required by the banking institution.

To set up EFT file and bank formats that do not conform to any already defined, please contact a CMiC Consultant.