Freigeben über

Feature of the Day: Receivables Electronic Funds Transfer Enhancements

  • Artikel

Receivables Electronic Funds Transfer Enhancements

Module: Receivables Management, Electronic Banking

Why this feature is cool!

In Microsoft Dynamics GP 2010, we have integrated Receivables Management with the user defined EFT file format functionality so customers can match the files they transmit for electronic receipts to their specific bank requirements (if an out of the box format isn’t supported by your bank). Now, users can process electronic receipts more efficiently.

· If Use EFT Numbers is selected, the EFT number will default as the check number in Cash Receipts

· Select a file format for all EFT payments or base the file format on the file transfer method set on the customer record

· Start with defined formats and modify the formats based on bank specific needs   

· Create a user-defined format from scratch, if needed.

· Apply bank specific options, such as adding pad blocks or creating an auto-settlement line for each payment

· Combine multiple EFT cash receipt batches into a single EFT file for transmittal

What does it look like?

Cards > Financials > Checkbook > EFT Bank > Receivables Options

image

Transactions > Sales > Cash Receipts

image

Transactions > Sales > Generate EFT File

image

Comments

  • Anonymous
    April 07, 2010
    The comment has been removed

  • Anonymous
    April 07, 2010
    Hi Andrew, let me check into that question and get back to you.  Stay tuned... AndyW

  • Anonymous
    April 13, 2010
    The comment has been removed

  • Anonymous
    June 14, 2010
    While it is nice to be able to send a file, the process seems very manual, especially for a company with many EFT transactions. It appears you need to create an individual receipt (or payment) for each invoice. Is there a way to have the system create the EFT file simply based on the EFT setup on the Customer Address? If not, do you know if there are any products or modifications created to handle this process?

  • Anonymous
    June 20, 2010
    Let me check into this for you Michael and get back to you...sorry we weren't able to respond sooner. AndyW

  • Anonymous
    June 21, 2010
    Ok Michael, I checked with development and here is what I found out. Unfortunately our EFT system work like you suggest, so you may need to check around for ISV's that offer this functionality. I'd suggest you contact your Partner OR use the Solution Finder website to look for potential ISV's that offer this: www.microsoft.com/.../solution-finder.aspx Sorry we couldn't be of more help, AndyW

  • Anonymous
    March 19, 2012
    Hi, Nolans Business solutions has a product which does this.