Gathering EFT Processing Data

After you activate EFT Processing in Sage 300, you must add the data about your bank, vendors , customers and employees.

  • Bank specifications for the file format.

  • Company specific details, such as account number and transaction references.

  • Determine where to save the EFT Files and how to upload.

Vendors bank details

if using EFT Processing for vendor payments.

Customer bank details and agreement to debit their accounts

if using EFT Processing for direct debit files or customer refunds.

Employee bank details

if using EFT Processing for Payroll payments (with Canadian or US Payroll).

Sage 300 System Manager Company name

used to validate EFT Processing licence.

Importing data

  • You can export from your company's existing system to import into EFT processing.

  • You may be able to import EFT Processing Setup data. Refer to Sage 300 documentation for general steps to import in Sage 300.

Security considerations

Review the security features options you want to implement in EFT Processing. EFT Security Features

See also

Steps for setting up EFT Processing