Receivables on Bank Account Records

Use Receivables on a bank account record to save default deposit details and create EFT files for bank processing. This helps you generate files faster and keep file settings consistent across runs.

From Treasury, select Bank accounts, open a bank account, and then select Receivables.

Note: If you do not see Receivables, ask an admin to verify your permissions and confirm that Receivables is selected in Subledger Settings.

Edit Deposit Details

1. From a bank account record, select Receivables.

2. Under Edit deposit details, enter EFT values such as company ID number, immediate origin, and immediate origin name.

3. Select Save.

Note: These EFT values appear in File options when you generate a file.

Generate an EFT File

1. Under Generate EFT File, start file creation.

2. Under Criteria, enter the financial processing date, select the payments to include, and enter the deposit date.

3. Filter results by deposits, banks, and clients as needed.

4. Under Deposits, select the deposits to include, and then select Next.

5. In File options, review the values from Edit deposit details to confirm file parameters are correct.

6. Select Create Now.

7. Watch for notifications on the bank account record when the EFT file starts processing and when it is ready to download.