Create Automatic E.F.T. Receipt Posting window

You can set up each EFT electronic banking programs so that the description of the transaction that displays on the statement is different from the posting description. Use the Create Automatic E.F.T. Receipt Posting window to set up transaction descriptions.

To open the Create Automatic E.F.T. Receipt Posting window:

Select Module > Debtors > Electronic Banking from the main menu.
The Debtor Electronic Banking window is displayed.

Tip: You can also access the debtor functions by clicking .
Click Automatic E.F.T. Receipts (Direct Debits).
The window is updated to show direct debit details.
If required, update the bank account, save location or auto payment methods to be included.
If required, click to select prior postings to use in the file creation process.
Click .
The Create Automatic E.F.T. Receipt Posting window is displayed.

Field	Description
Posting Date	Date that the receipts will be posted.
Posting Description	Description of the posting, for example Automatic EFT Receipts.
Description on Statement	Text that will display on the statement next to the receipt item, for example EFT Payment.
Bank Account	Bank account into which the amount will be posted. Note: This field is populated from the value in the Bank Account field in the Debtor Electronic Banking window. It is read-only.