Use this program to enter the required information needed from a vendor for processing electronic payments. Vendors must be set up in Vendor F/M before being accessible within this program. Only vendors who accept electronic payments should be set up here. Multiple routing and account numbers can be set up for one vendor.
Lines only need to be created for ACH payments. If a Vendor will only be paid electronically via wire transfers, lines do not need to be entered. All vendors with the header portion of this entry set up will be able to be paid via wire transfers.
The Pre-note button on this screen allows you to create a pre-notification for the highlighted account for transmission to the bank. A message displays asking what bank the pre-notification will be sent through (this is required so the file is created in the correct location.)
Click field descriptions for information on each field.