Set Up EFT Payments

AptaFund supports electronic funds transfers (EFTs) for payroll liability vouchers.

In order to use EFTs, you must

Set up the vendors

  1. Select Vendor Management from the Vendor menu, and the Vendor Management window opens.

  2. Select a vendor, and click the Edit button at the bottom of the window, and the Edit Vendor window opens.

  3. Complete the Electronic Funds Transfer fields as described. EFTs are available for AP vouchers and Payroll liabilities. Note: In order to change a vendor to an EFT vendor, there can be no unpaid vouchers to those vendors.

  4. Complete the Payment fields as described.

  5. When finished, click Save.

Complete the parameters in Payroll Configuration

While it's likely that many AP payments will be made through bank transfers on the bank’s website, users can generate the ACH Data Export to send to the bank. In order for the export to generate, you must complete the following parameters in Payroll Configuration.

 

Return to Manage Payroll Vouchers Overview

Return to Payroll Overview