EFT Transmissions Overview

Use the EFT (electronic funds transmission) function to send payments electronically. This function allows you to not only keep an accurate track of your payments, but also to cut down on the time and cost of processing paper checks.

Before you use this procedure to set up your EFT vendors in the Print Checks program, do the following:

• Set up EFT payment information in the vendor pay-to account.

• Set the following control maintenance records:

• Minimum Check Disbursement Amount

• Valid ACH Formats

• Valid Pull Codes

• Set the CD.VOID.EFT authorization key.

See Also:

Sending EFT Transmissions

Printing Multiple Checks

Vendor Maintenance Overview

Regenerating EFT Transmissions

Outsourcing A/P Checks

Accounts Payable Overview