Set up bank or EFT account information

Use the Bank Names tab of the Accounts Payable (CSAP) page to specify the bank accounts and the bank Electronic Funds Transfer (EFT) details from which you pay accounts payable invoices.

When you set up bank accounts or EFT accounts, use a separate cash accounts for each bank account.

To set up bank account information

1. Open the Accounts Payable (CSAP) page.

   1. Select Utilities > Company Setup > Module Setup > Accounts Payable*.*

   Or

   2. Search for CSAP or Accounts Payable in the Navigation box and then select Accounts Payable.

   The Accounts Payable (CSAP) page appears.

2. Click the Bank Names tab.

3. On the child toolbar, click New.

4. In the Bank Name box, enter the bank name.

5. To mark the bank account as the default account that you mainly use for your transactions, select the Default checkbox.

6. If you have already set another check-enabled bank as the default bank account, a message, <Bank Name> is already flagged as the Default checking account. Do you want to set this checking account as the Default checking account? appears.

7. Click Yes to make the new bank account the default checking account. Click No to retain the existing default checking bank account.

[!Note]

• You can set only one check-enabled bank account as the default checking account.

• The bank account set as the default bank account is automatically displayed as the Bank Name in the Print AP Checks (APPCHK) page. You can select another bank account, if required.

• The bank account set as the default bank account is automatically displayed as the Bank Name in the Miscellaneous AP Payments (APMISC) page. You can select another bank account, if required.

8. If you only want to add the bank details and not do any transactions for the bank account, select the Inactive checkbox.

9. Select the currency to use if your company is set to use more than one currency and you want to pay vendors from this account in a currency other than the system currency.

   1. Click the Currency lookup reference.

      1. Select the currency and click Select. Or double-click the currency to use.

10. Enter the GL Account No.

1.  Click the **GL Account No** lookup reference.

The **Lookup For GL Account No** window appears.

2.  Select the account number to use and click **Select**. Or double-click the GL account number to use.

    A warning message is displayed if the currency set up for the selected GL account is different from the currency selected in the currency selection step.

3.  Click **Yes** to use the selected GL account. Click **No** to select another GL account.

11. Ensure that the Check Enabled checkbox is selected.

12. In the Check Details area, specify the check details:

1.  In the **Next Check Number** box, enter the next check number to use.

2.  In the **Check Layout Filename** box, specify the check layout file:

    1.  Click the **Check Layout Filename** lookup reference.

        The **Lookup For Check Layout Filename** window appears.

    2.  Select the check layout to use and click **Select**. Or double-click the check layout to use.

3.  In the **Number Of Detail Lines** box, specify the number of lines to fit on a page before printing on the next page.

4.  In the **Number Of Detail Stubs** box, specify the number of check stubs to print.

13. On the toolbar, click Save to save the changes. Or click Cancel.

A message, '*Accounts Payable configuration have been modified. Screen will auto refresh in \<number\> seconds.*' appears.

Set up EFT information

1. Open the Accounts Payable (CSAP) page.

   1. Select Utilities > Company Setup > Module Setup > Accounts Payable.

   Or

   2. Search for CSAP or Accounts Payable in the Navigation box and then select Accounts Payable.

   The Accounts Payable (CSAP) page appears.

2. Click the Bank Names tab.

3. On the child toolbar, click New.

4. In the Bank Name field, enter the bank name.

5. To mark the EFT account as the default account that you mainly use for your transactions, select the Default check box.

6. If you have already set another EFT-enabled bank as the default bank account, a message, <Bank Name> is already flagged as the Default checking/EFT account. Do you want to set this checking/EFT account as the Default checking/EFT account? is displayed.

7. Click Yes to make the new bank account the default EFT account. Click No to retain the existing default EFT bank account.

Note:

• You can set only one EFT-enabled bank account as the default EFT account.

• The bank account set as the default EFT account is automatically displayed as the Bank Account in the AP Payment EFT (APEFT) page. You can select another bank account if required.

8. If you only want to add the bank details and not do any transactions for the EFT account, select the Inactive checkbox.

9. Select the Currency Label to use if your company is set to use more than one currency and you want to pay vendors from this account in a currency other than the system currency.

10. Enter the GL Account No.

1.  Click the **GL Account No** lookup reference.

    The **Lookup For GL Account No** window appears.

2.  Select the account number to use and click **Select**. Or double-click the GL account number to use.

    A warning message is displayed if the currency set up for the selected GL account is different from the currency selected in the currency selection step.

3.  Click **Yes** to use the selected GL account. Click **No** to select another GL account.

11. Select the EFT Enabled checkbox.

12. In the EFT Details area, specify the bank’s EFT details.

1.  In the **Bank Account ID** box, enter the bank account number from which funds are withdrawn to make payments to the vendor.

2. In the **Routing Number** box, enter the unique nine digit number assigned to the bank to identify it when processing electronic payments.

3.  Click the **EFT File Template** lookup reference and in the **Lookup For EFT File Template** window, select the template used for exporting the payment details.

    The **Lookup For EFT File Template** window lists only the active templates.

4.  Specify the following values:

    ≡ Prefix

    ≡ Next Batch Number

    ≡ Suffix

Note:

It is not mandatory to specify values in the Prefix and Suffix fields. If no value is entered in these fields, then only the Next Batch Number value is considered.

5.  The combination of the **Prefix**, **Next Batch Number**, and **Suffix** fields gives a unique batch number. You can modify each unique batch number to a value greater than the last **Next EFT Batch Id** value generated for the bank.

6.  If any authorization is required for making the EFT payments, select the **Authorization Required** checkbox.

13. On the toolbar, click Save to save else click Cancel.

A message, *Accounts Payable configuration have been modified. Screen will auto refresh in \<number\> seconds.* appears.