Electronic Funds Transfer (EFT) for payables

Description:

This module allows you to maintain bank routing information and account information for your vendors so that you can pay some or all of your vendors with an ACH transfer rather than a check. When you do a check run, the system will generate a text filefor any vendors that are setup for EFT payments. You can then upload this text file to most major banks, who will then process the ACH payment.

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