ACH Info Tab
Use the ACH Info tab of the EFT Bank Info subtask to enter detailed bank transmission information.
Additional Header Records
Some banks require non-standard header records. Use the rows here to enter up to two non-standard header records to meet your bank's specific requirements.
File Header Record
Use this group box to identify the origin of the entries that are included in the EFT file (your company) and the bank from which these payments will be made. When you create the EFT file using the Create EFT File screen, the File Header record also contains the date and time and other data that give the file a unique identity.
| Field | Description |
|---|---|
| Receiving Point |
The bank ID (ABA number) automatically fills this required field. It is preceded by a space. If your bank requires a different number, enter a space in this field followed by the number that your bank provides. This number must contain exactly nine numeric digits. If the number you enter is less than nine digits, enough leading zeroes are automatically added after the space to bring the number to nine digits. |
| Receiving Point Name |
The name of the bank that is associated with the receiving point ID displays in this field. This field is required. |
| Sending Point |
Your company tax ID displays in this required field. It is preceded by a space. If your bank requires a different number, enter a space in this field followed by the number provided by your bank. |
| Sending Point Name |
Your company name displays in this alphanumeric field. This field is required. |
| File ID Modifier |
Use this optional field to create and transfer multiple files on the same date and between the same participants. The value in this field is normally 1 or A. See your bank's information on electronic funds transfer for instructions on which value to enter in this field. |
| Reference Code |
EFT defaults in this optional field. However, some banks require spaces. If your bank requires spaces, delete the default value. |
Batch Header Record
Use this group box to identify the Depository Financial Institution (DFI) from which you are making payments to vendors. When you create the EFT file, the Company/Batch Header Record also contains a description of the transfer as a whole. Information contained in the Company/Batch Header Record applies to all Entry Detail Records in the file.
| Field | Description |
|---|---|
| Original Status and DFI |
The first eight digits of the Bank ID, preceded by 1, automatically display in this field. This required field designates whether the DFI (your bank) follows the ACH rules or not. (A 1 indicates that the DFI follows the ACH rules.) |
Entry Detail Record
Entry Detail Records contain detailed information at the individual level, including the vendor's bank account number, identification number, name, and the amount of the transaction. Use this group box to tie each entry detail record to your bank by entering a trace ABA number.
| Field | Description |
|---|---|
| Trace ABA Number |
The first eight digits of the bank ID display in this required field. If your bank requires a different number, enter the different number. |
Batch Control Record
Use this group box to provide an originating DFI (usually your bank) for the Company/Batch Control Record. The Company/Batch Control Record contains totals for the preceding Entry Detail Records.
| Field | Description |
|---|---|
| Originating DFI |
The first eight digits of the bank ID display in this required field. Enter a different number if data other than the bank ID is required. |
File Trailer Record
If your bank requires a non-standard trailer record, enter it in this optional field. You can append one trailer record to the ACH file.