EFT Settings

Under Pay invoices on a bank account record, select Format settings, Electronic Fund Transfer.

In Payment format, select one of the following formats:

• Single stub EFT notice (Blank paper)

• Double stub EFT notice (Blank paper)

• Single stub EFT (Pre-printed)

• Double stub EFT (Pre-printed)

To include the payment number, select Payment number. This is available only for pre-printed option.

To enter a note or to select an existing note, select Note on check stub. This is available only for single stub option.

To include your organization name, select the checkbox and enter the name. This field is not available for pre-printed option.

To include an address, select the address to use and where you want it to display. This field is not available for pre-printed option.

To include a postal barcode, select the checkbox.

Under Print this on the check stub, select the checkboxes for the information to print on the stub.

Note: You can select two options for pre-printed double stub checks.

• Vendor ID

• Tax ID number

• Contact

• Fax

• Phone

• Email

Under Print this on the check stub's invoice list, select the checkboxes for the information to print on the stub's invoice list.

• Discount column — automatically included for pre-printed double stub checks.

• Application of each credit memo

Under Electronic fund transfer, select the Company ID prefix and Company ID number.

In the Immediate origin name field, select Transit/Routing number, EIN, or Other as the number for Accounts Payable to use when creating the EFT file. If you select Other, enter the number to use. In the Imm. origin name field, select Organization name or Other. If you select Other, enter the name to use.

To include vendor bank information on the EFT notice, mark the checkbox.

In the Header record reference field, enter a reference, up to eight characters.

Mark Create debit transaction to automatically create a debit transaction in the EFT file during the payment run.

Mark Include carriage return/line feed to append a carriage return/line feed to the end of line in the EFT file.

In the Entry description field, enter a code up to 10 characters long to be transmitted to the bank with the EFT file.

Mark the Identify vendor using checkbox to choose from "Vender Tax ID" or "Vendor ID."

Mark Format file for this Federal Reserve Bank to enter the bank and routing code.

Define the default MICR Line settings. For more information, see Format MICR Settings.

Under Print format, select Print transaction detail sheet or Total per check printing.

• For detail sheets, you can select to have all transactions appear on the detail sheet, regardless of the number of transactions paid by the check, or you can select to have the transactions print on the check stub with additional transactions on the detail sheet.

• If you select Total per check printing, the transactions print on the check stub and the check is printed for that amount. If a vendor has too many transactions to fit on the check stub, additional checks print based on the number of remaining transactions.

Note: The number of transactions that prints on the check stub depends on the check format. Single stub formats can fit 35 transactions. Double stub blank paper can fit 11 transactions. Double stub pre-printed can fit 15 transactions before printing additional checks.

Select Alignment to make sure the check is aligned properly. Use the arrows to specify the alignment. To specify the address alignment, select Only vendor address. To revert back to the original position, select Restore to default in the All content drop down.

Before saving your settings, select Test check to print a check with the defined settings. This helps to make sure checks are formatted and aligned correctly before your actual check run.