Create Electronic Funds Transfer File to be Sent to Bank

To generate the EF ACH files to be sent to the Bank, perform these steps:

1. Create EFT transactions (see Create an automated Electronic Funds Transfer – Cash Model for details). Make sure that the transaction is processed to Final.  

2. (System Administrator) Select the EF ACH chain job under Financial/Accounts Payable/Chain Jobs. Execute the EF ACH job after entering the appropriate parameters.

3. (System Administrator) Verify the job completes successfully.

4. (System Administrator) Review job results, XML file output, and DAT file output.

5. (System Administrator) Review and transmit EFT Output.

6. Review the EFT transaction to see the ACH Generation status on the EFT transactions. The status would have been changed to Generated.