Create EFT File for AR Refund Batch

On an AR Refund, you are able to create multiple bank entries, against multiple banks for different amounts as shown below.

EFT Processing :

  • makes a single entry in the EFT File for each AR Refund Entry regardless of the number of banks entered on the AR refund entry.
  • assumes all the entries in the batch / file are for the same bank which is derived from the first AR Refund entry

Because EFT Processing creates only one entry in the EFT File for AR Refunds, the selection of the amount and the bank to use is based on the following logic :

  • Use the check amount bank if the check amount is not zero, otherwise
  • Use the cash amount bank if the cash amount is not zero, otherwise
  • Use the first c.c. bank if there are cc entries
Tip: It is recommended for processing EFT payments for AR Refunds that you

  • Create the refund based on one amount only per entry (either Check, Credit Card or Cash)
  • Use the same bank for all AR Refunds in the same Refund Batch.
  • If you need to refund some amounts from the Cheque Payment and another amount to the CC Bank, you will need to create a separate AR refund entry in a new batch.