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17.08 Creating an EFT in Subcontract

Subcontract How To's 17.08

Written by Arthur Ashdown

This document will demonstrate how to create an EFT for certificate payment.

  1. Go to Subcontract Ledger> Payments> Payment Batches. Select the payment batch and freeze it using the action bar.

    Figure 1: Payment Batch

  2. Go to Subcontract Ledger> Payments> Create EFT and hyperlink into it.

    Figure 2: Create EFT

  3. Select the appropriate form. Then, under the EFT Processing tab, select the appropriate bank and processing date.

    Figure 3: EFT Processing

    Click Next.

  4. A warning will appear. Click Ok. Then a report will generate.

  5. Click the report status icon and go to the My Files tab.

    Figure 4: Report Status

    Hyperlink into the report.

  6. The file will look like the image below, which can be saved and submitted to the bank.

    Figure 5: EFT Confirmation

  7. To print the EFT remittance, go to Subcontract Ledger> Payments> Print EFT Remittances and hyperlink into the batch.

    Figure 6: Remittance Batch

  8. Select a form and click Next.

    Figure 7: EFT Remittance Setup

    A warning will appear. Click OK and the report will generate.

  9. Open the remittance from the report status menu.

    Figure 8: Remittance

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