Direct Credits A/P Payments Defaults
System Maintenance Menu -> Configure
System Settings -> System -> Company &
Divisions -> Company Information ->
Use A/P Direct Credits- icon ->
Direct Credits A/P Payments Defaults
The ability to pay selected suppliers directly using direct
payments is currently supported for the "Bank of New Zealand",
"Australian Banking Association" (ABA), "Westpac", "ANZ NZ", and
"CPA 005".
This feature can be activated by bank with the associate defaults
from the Company Information.
Note: In Canada, Direct Credit Payments will work for any
Canadian bank that supports the EFT CPA Standard 005 1464 Byte File
Layout such as HSBC, Bank of NS & CIBC or the CPA Standard 005
80 Byte File Layout such as TD Bank.
If there is another bank for which you require this processing,
contact Texada Support to discuss the programming requirements.
Use this option to defined the default setup, to apply in the
processing outlined in Direct Credit
Payments.
The prompts are:
- DIRECT CREDIT FORMAT
- Select one of:
- Bank of New Zealand
- BANK ACCOUNT #
- Enter the bank account number to be used for direct credit
payments to your suppliers, if applicable.
The other settings do not apply to the Bank of New
Zealand.
-
Australian Banking Association (ABA)
Enter the financial institution information used to generate the
export file:
- BANK ACCOUNT#
- Enter the Bank State Branch Account number.
- ACCOUNT NAME
- Enter the user preferred specification name as advised in the
application.
- FINANCIAL INSTITUTION
- Enter the Bank Code approved by the relevant financial
institution.
e.g. Westpac is WP.
- BANK IDENTIFICATION
- Enter the user identification number which is allocated by
APCA.
- BANK / STATE / BRANCH NUMBER
- Enter the valid Bank State Branch number or BSB code.
- FILE HEADER DESCRIPTION
- Enter the file description.
e.g. Payroll
- STATE IDENTIFICATION CODE
- Enter the numeric state code.
- REMITTER'S NAME
- This defaults from the company name, but can be over-typed as
required.
- SELF-BALANCING
- Uncheck this box if balancing is not required in the export
file.
Check this box to activate the optional self balancing feature. An
additional Debit transaction is generated in the transaction file
to match the sum of the Credits made to the suppliers.
- EXPORT DIRECTORY PATH
- Enter the directory path on the server for the export
file.
- TRANSACTION LIMIT FOR FILE
- Because some banks have limited file sizes, enter the maximum
number of vendors to pay per file. If records exceed this number,
multiple files will be created.
- DAYS TO POST
- Enter the default number of days to post the transactions from
the current date when generated in Post Direct
Credit Payment Register.
- DIRECT CREDITS BY G/L ACCOUNT
- If your firm uses the Direct Payment feature for multiple bank
accounts, setup the specific Financial Institution Settings by G/L
Account in the window.
Any information entered by G/L Account over-rides the standard
defaults when this Account is posting, otherwise the original
Financial Institution Settings apply.
-
Westpac NZ
- BANK ACCOUNT #
- Enter the bank account number to be used for direct credit
payments to your suppliers, if applicable.
The other settings do not apply to the Westpac NZ.
-
ANZ NZ
- BANK ACCOUNT #
- Enter the bank account number to be used for direct credit
payments to your suppliers, if applicable.
The other settings do not apply to the ANZ NZ.
-
CPA 005 - 1464 Byte (HSBC, Bank of Nova Scotia & CIBC
CANADA)
Enter the financial institution information used to generate the
export file:
- ORIGINATOR ID
- Enter the Originator ID to be used for direct credit payments
to your suppliers if applicable.
- ORIGINATOR REF#
- Enter the reference number up to a maximum of 19 characters to
print in fields 175-193
- SETTLEMENT CODE
- Leave this field blank for HSBC as it does not apply.
For CIBC set this the 01.
- INSTITUTION ID
- Enter the financial institution number for the bank of up to a
maximum of 9 characters to print in fields 194-202
- BANK ACCOUNT #
- Enter the bank account number up to a maximum of 11 characters
to print in fields 203-214
-
CPA 005 - 80 Byte (TD Bank)
Enter the financial institution information used to generate the
export file:
- ORIGINATOR ID
- Enter the Originator ID to be used for direct credit payments
to your suppliers if applicable.
- ORIGINATOR REF#
- Enter the reference number up to a maximum of 19 characters to
print in fields 175-193
- SETTLEMENT CODE
- Leave this field blank for HSBC as it does not apply.
For CIBC set this the 01.
- INSTITUTION ID
- Enter the financial institution number for the bank of up to a
maximum of 9 characters to print in fields 194-202
- BANK ACCOUNT #
- Enter the bank account number up to a maximum of 12 characters
to print in fields 203-215
Note: For Direct Credit 80 Byte submissions, Column 12 on the
first line of the Direct Payment file should be a D (positive) or C
(negative).
For information on generating the payments to select suppliers,
refer to Direct Credit Payments.
Topic Keyword: APDC01