Extracting EFT payments

Use this procedure to review open items for extraction and create a file for EFT adjustments.

Select Processing > Electronic Funds Transfer > Extract.
Select Finance Enterprise Group, and select Customer Group or Company, but not both.
Specify this information:

Processing Date

Specify the processing date for the EFT extract. If this field is blank, then the system date is the default.

Override Date

You can override the processing days that are defined on the EFT calendar. Specify the beginning and ending dates.

Payment Code

Select the method of payment for the invoice.

Payment Terms

Select the payment terms code that determines the default due date.

Update

Select Yes to update or No to run in report.

Data File Name

Specify a data file name for an item.
Click Submit.