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app:eft_how_to [2019/05/08 00:17]
dtucker created 		app:eft_how_to [2019/07/29 02:18] (current)
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 ====== Using Electronic Funds Transfer ====== ====== Using Electronic Funds Transfer ======
  
-**Using Electronic Funds Transfer**+===== How To Generate an EFT Pre-note =====
  
 +Many US Banks require the pre-note verification process before an EFT transaction can be entered for a Business Partner. When the pre-note is generated an EFT file is created with $0 transactions for each Business Partner listed. If the bank finds that the file is not formatted correctly, has incorrect account or routing numbers or for some other reason does not work on their system, the bank will inform the sender so corrections can be made.
  
 +Occasionally pre-notes will need to be re-run for all Business Partners for a selected bank. The Recreate Pre-notes process is available on the same form.
  
-[[#page807|How To Configure an SAP® Business One Bank Account]] [[#page813|How To Configure SAP® B1 Payment Methods for EFT]] [[#page816|How To Configure Business Partner Banking Info]] [[#page837|How To Generate an EFT Prenote]]+Since the Canadian Payments Association (CPA) standard for EFT do not allow for $0 dollar transmissions, Canadian pre-note files cannot be transmitted.
  
- +  * Click the SAP menu option titled <color #22b14c>**TWBS EFT Prenote**</color> under the <color #22b14c>**Banking**</color> menu to load the **TWBS EFT Prenote** screen.
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-[[#page839|How To Designate an Invoice for EFT Processing]] +
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-[[#page844|How To Execute SAP® B1 Payment Wizard for EFT Processing]] +
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-[[#page854|How To Copy an EFT Format]] +
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-[[#page859|How To Remove an EFT Format]] +
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- **TWBS Advanced Productivity Pack [[#page807|(APP) User Guide]]** +
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-**How To Generate an EFT Prenote** +
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-Many US Banks require the pre note verification [[#page807|process before an EFT transaction]] can be entered for a Business Partner. When the [[#page807|pre note is generated an EFT file is]] created with $0 transactions for each Business [[#page807|Partner listed. If the bank finds that]] the file is not formatted correctly, has incorrect [[#page807|account or routing numbers or for]] some other reason does not work on their system, [[#page807|the bank will inform the sender]] so corrections can be made. +
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-Occasionally pre notes will need to be re-run for [[#page807|all Business Partners for a selected]] bank. The Recreate Pre notes process is available [[#page807|on the same form.]] +
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-Since the Canadian Payments Association (CPA) [[#page807|standard for EFT do not allow for]] $0 dollar transmissions, Canadian pre note files [[#page807|cannot be transmitted.]] +
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-Click the SAP menu option titled **TWBS EFT [[#page807|Prenote under the]] Banking** menu to load the TWBS EFT Prenote [[#page807|screen.]]+
  
 {{:app/image851.jpeg?399x275}} {{:app/image851.jpeg?399x275}}
  
-Select the **Country** for EFT pre note generation. +  * Select the <color #00a2e8>**Country**</color> for EFT pre-note generation. 
- +  * Select the <color #00a2e8>**Bank**</color> for EFT pre-note generation. 
- +  * Select the <color #00a2e8>**Account**</color> for EFT pre-note generation.
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-Select the **Bank** for EFT pre note generation. +
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-Select the **Account** for EFT pre note generation. +
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-**Note –** The Country, Bank, and Account selected [[#page807|for pre]] note generation should already have been [[#page807|configured. For]] more information on this process, refer to the [[#page807|How To]] +
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-{{:app/image853.jpeg?571x86}} +
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-Configure an SAP® Business One Bank Account page of the user guide. +
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-{{:app/image854.jpeg?571x57}} +
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-Click the **Create Prenote** button. +
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-**Note –** A system message will give you the name and file path of the generated EFT pre note file. The file can be sent to your banking institution for review. +
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-{{:app/image822.jpeg?575x148}} +
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 +<WRAP center round info 90%>
 +The <color #00a2e8>**Country**</color>, <color #00a2e8>**Bank**</color>, and <color #00a2e8>**Account**</color> selected for pre-note generation should already have been configured. For more information on this process, refer to the **How To Configure an SAP® Business One Bank Account** section of the user guide.
 +</WRAP>
  
 +  * Click the <color #22b14c>**Create Prenote**</color> button.
  
- +<WRAP center round info 90%> 
 +A system message will give you the name and file path of the generated EFT pre note file. The file can be sent to your banking institution for review. 
 +</WRAP>
  
-**How To Designate an Invoice for EFT Processing**+{{:app/image44.jpeg?786}} 
 +===== How To Designate an Invoice for EFT Processing ===== 
  
  
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 {{:app/image85.jpeg?571x86}} {{:app/image85.jpeg?571x86}}
  
- +===== How To Execute SAP® B1 Payment Wizard for EFT Processing =====
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-**How To Execute SAP® B1 Payment Wizard for EFT Processing**+
  
  
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 {{:app/image34.jpeg?804}} {{:app/image34.jpeg?804}}
  
- +===== How To Copy an EFT Format =====
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-**How To Copy an EFT Format** +
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 Click the SAP menu option titled **TWBS EFT Bank Setup Wizard** under the **Administration** -**Setup** -**Banking** menus to load the TWBS EFT Bank Setup Wizard screen. Click the SAP menu option titled **TWBS EFT Bank Setup Wizard** under the **Administration** -**Setup** -**Banking** menus to load the TWBS EFT Bank Setup Wizard screen.
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 {{:app/image34.jpeg?804}} {{:app/image34.jpeg?804}}
  
- +===== How To Remove an EFT Format =====
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-**How To Remove an EFT Format**+
  
  
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-**Electronic Funds Transfer Training Video Series** 
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-Third Wave has made available a series of videos on our YouTube channel covering topics across the scope of the Electronic Funds Transfer Processing application setup and functionality. 
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-[[http://www.youtube.com/watch?v=kjKCfoZopCY&feature=plcp|TWBS EFT for SAP Business One Product Overview]] **–** An overview of the TWBS EFT Processing application. 
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-{{:app/image881.jpeg?516x12}} 
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-[[http://www.youtube.com/watch?v=hWH9HvkeDgs&feature=plcp|TWBS EFT Business Partner Setup]] **–** An overview of the process of setting up payment methods and business partners in SAP® Business One for EFT processing. 
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-{{:app/image882.jpeg?345x12}} 
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-[[http://www.youtube.com/watch?v=1Tz_LR7GvSs&feature=plcp|TWBS EFT Bank Account Setup]] **–** An overview of the process of setting up bank accounts in SAP® Business One for EFT processing. 
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-{{:app/image883.jpeg?323x12}} 
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-[[http://www.youtube.com/watch?v=HwyJWkxlHPw&feature=plcp|TWBS EFT Pre-Note File Generation]] **–** An overview of the process of generating an EFT pre note file for review by your banking institution to verify file and data formatting. 
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-{{:app/image884.jpeg?364x12}} 
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-[[http://www.youtube.com/watch?v=AnQhGjUGFsk&feature=plcp|TWBS EFT Transaction File Generation]] **–** An overview of the process of generating EFT files for incoming and outgoing payments for transmission to your banking institution. 
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-{{:app/image885.jpeg?389x12}} 
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-[[http://www.youtube.com/watch?v=b5zks_Qpj0o&feature=plcp|TWBS EFT Remittance Report Designer]] **–** An overview of the process of configuring the remittance report for vendor payments. 
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-{{:app/image886.jpeg?392x12}} 
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-[[http://www.youtube.com/watch?v=M6dAd2xjAyQ&feature=plcp|TWBS EFT File Format Configurator]] **–** An overview of the process of configuring the EFT file format by copying an existing format or creating a brand new format. 
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-{{:app/image887.jpeg?366x12}} 
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app/eft_how_to.1557289048.txt.gz · Last modified: 2019/05/08 00:17 by dtucker

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