This concludes the header portion of the EFT Submission program. To enter vendor lines in electronic funds transfers, complete the following.
Use these fields to create individual records for each vendor.
1. Vendor
The vendor number. Press F2 to search or F3 for a Vendor EFT search.
2. Consumer Payment
Indicate whether to identify this vendor as one that consumer payments are made to. Consumer payments create PPD type ACH transactions.
3. Combine Payments
Indicates you want to allow payments from multiple vendors with the same routing and account numbers to be combined when transmitted to the bank. Note that the combining of accounts in processing an EFT payment is not applied/used for .PPD type Consumer payments.
4. Default Payment Type
The default payment type. You can select from: A-ACH, W-Wire Transfer, or C-Check. FACTS uses A-ACH as the default.
5. Remittance Advice Type
The remittance advice for electronic payments. You can select from: P-Print, E-Email, or F-Fax.
6. To
The “To” (recipient) email address. Note: FACTS disables this prompt if the remittance advice is not email.
7. CC
The “CC” (carbon copy) email address. Note: FACTS disables this prompt if the remittance advice is not email.
8. Recipient Name
The email recipient’s name. Note: FACTS disables this prompt if the remittance advice is not email.
9. Subject
The email subject line. Note: FACTS disables this prompt if the remittance advice is not email.
10. Fax Directory Record Number
The fax directory record number. Press F2 to access the Fax Directory Search. Note: This field is disabled if the remittance advice type is not fax.
11. Cover
The cover page. Press F1 for None. Note: This field is disabled if the remittance advice type is not fax.
12. Subject
The subject for the fax. Note: This field is disabled if the remittance advice type is not fax.
This concludes the header portion of the EFT Submission program. To enter vendor lines in electronic funds transfers, complete the following.
Line numbers are assigned automatically beginning with 001 and incrementing by one for each additional line-item up to 999. When you enter a new submission or edit an existing one the system places you in add mode so you can enter recurring document lines.
13. Routing Number
The ABA routing number. Note: This field may NOT be left blank and must be 9 characters long.
14. Account Number
The account number. Note: This field may NOT be left blank.
15. Primary Account
Indicate whether this is the vendor’s primary account. Note that only one account can be flagged as primary.
16. Account Name or Description
The account name or description, Press F1 to enter “Same as Vendor”.
17. Account Type
You can select from: C-Checking or S-Savings. FACTS uses C-Checking as the default.
Specify the pre-notification status. You can select from: N-Not Sent, S-Sent, A-Approved, or R-Rejected. FACTS uses N-Not Sent as the default. Note: When you change the value to “A-Approved”, the pre-notification approval date will be set to the system date and the pre- notification user will be set to the user code.
After you enter the line, save your work. Click Cancel to end line-item entry.
You can select Pre-note to create a pre-notification for the highlighted account for transmission to the bank. The system asks what bank the pre-notification will be sent through and verifies that the bank is set up to accept electronic payments. This function creates a file in the bank’s default payment batch file directory in the bank’s default ACH Entry Class format and sets the pre-notification status will be changed to “S-Sent”.
Click Done to complete the EFT submission entry.
Menu Options
• File
Delete Vendor Entry--Deletes all account lines and the vendor EFT header record.
Exit—Returns to the FACTS AP File Maintenances menu.
• Options
Create Pre-notification-- Allows you to create a pre-notification for the highlighted account for transmission to the bank. Specify the bank the pre-notification will be sent through, and the system verifies that the bank is set up to accept electronic payments. This function creates a file in the bank’s default payment batch file directory in the bank’s default ACH Entry Class format and sets the pre-notification status will be changed to “S-Sent”.
• Help
Accesses online help for this screen.