EFT Processing

This window is used to provide banks with bank credit details in electronic form.

Rules and Guidelines

  • Program Control option PMA64 must be setup if using Bank Account options.
  • To enable integration or add additional security over the Bank File, setup Preceda Variable *PP_EFT_SECURITY.
  • If you are working in a PEX-enabled database (i.e. Prevar *PP_EXCHANGE Position 1= Y), EFT Processing must only be run from within an Environment because this process generates an Outbound file to be sent to PEX. PEX requires separate files for every Payrun Group where every file follows a naming convention. Thus, this process looks at the Environment to find the Payrun Group, Period Number (from Payroll Calendar found on the record which has the required combination of Payrun Group and Pay Frequency 1 from Payrun Register screen), and GCC and LCC.

Field Information

  • This is only used when Bank File Format = ABA.
  • Select the Company for which the transfer of funds will take effect. If this field is left blank, all companies are selected.

 

This refers to the date the money will be available to employees in their bank accounts. This date will print on the Pay Slips as a reference for the employee.

The EFT Direct Credit Date from the Payrun Header automatically populates this field.

The Bank Type should always be set to BK, as the other options are no longer used

This field will only be used when Bank File Format = ABA.

BK Bank
BS Building Society
CU Credit Union

 

Are individual totals required for each company? This only applies if transmitting payroll for more than one Company.

 

Indicate if this a test run or not. This process can be run as many times as necessary.

  • Test file tick box left blank:

    1012-001 9874409 530000019800MR P A ORCHARD

  • Test file tick box ticked:

    1012-001 9874409N530000019800MR P A ORCHARD

The bank file specification says: 'N' - for new or varied Bank/State/Branch number or name details, otherwise blank filled.

 

 

Select Run Process to submit the PPAY063B job.