Options for defining a customer group

If you to process EFT payments, then you must assign an EFT calendar. The calendar is used to define EFT processing due days, deposit days, and GL days.

  1. Click the EFT Calendar link on Customer Group (AR00.1).
  2. Select a calendar and define the processing days and type. Use these guidelines to specify the field values:
    Calendar Name

    Select a calendar to be used for EFT processing. This must be a predefined environment calendar.

    You define an environment calendar using the caldef form in the environment utilities.

    Due Days

    The number that you specify in this field calculates the ending due date range.

    GL Days

    The number that you specify in this field calculates the GL posting date for the cash deposit.

    Deposit Days

    The number that you specify in this field calculates the deposit day for the cash deposit.

    Type

    Select Actual or Marked days from the beginning date range.

    • Actual days include weekends and holidays.

    • Marked days are usually business days.

  3. If you are using a national account structure, then add the calendar to the national account company to process EFT transactions.