EFTPAC Version 5.6

• Electronic Funds Transfer and BPay are the most efficient means of being paid by customers and paying creditors.
• EFTPAC supports BPAY to allow you to quickly and easily pay your bills, using a BPAY Biller ID and Reference Number
• No need to purchase cheque stationery
• No need to sign or bank cheques.
• No rekeying of data - creates EFT files directly from vendor payment and customer receipt batches
• Easy to use and saves you time

Features
EFTPAC creates BPay payments and EFT payment and receipt files from Accounts Payable payment batches and Accounts Receivable receipt batches - both posted and unposted (subject to user security privileges). Many North American, Australian, New Zealand and other international bank file formats are supported. Modulo will add other formats as requested.

For a list of currently supported formats and for information on adding new formats to EFTPAC please click here.

• EFTPAC Version 5.6 is developed with the ACCPAC Software Development Kit (SDK) and supports operation in both the ACCPAC Windows and Internet Explorer browser desktops. 
• Process EFT payments for Customer Receipts, Vendor Payments or Miscellaneous Payments.
• EFT details can be maintained separately or via EFTPAC enhanced versions of the ACCPAC AP Payment Entry, Customer or Vendor screens. Multiple bank account details may be maintained for Vendors using vendor remit to locations.
• Flexible Lodgement References. The Lodgement Reference that shows on the customer or vendors bank statement can be set to any one of the following:
  (i) Same for all payments
  (ii) Unique value for each Customer, Vendor or Vendor Remit to Location
  (iii) ACCPAC payment/check number
  (iv) Last applied invoice for the payment. Lodgement References can also be changed within EFTPAC following creation of the EFT file.
• Uses standard ACCPAC security. ACCPAC users are assigned EFTPAC privileges for example maintain vendor or customer banks, create payments or receipts etc
• Maintains a full audit history of all EFT files created by EFTPAC. Historical files can be viewed, cleared or recreated at any time (subject to user security privileges).
• Maintains an audit log and reports on all changes made to EFT bank account records for Customers, Vendors, Vendor Remit to Locations and Miscellaneous bank records.
• Automated Customer Receipt batch creation based on the AR Aged Trial Balance report. This streamlines EFT processing for accounts receivable customers.
• Multiple bank accounts can be set up in EFTPAC for EFT file creation. Each EFTPAC 5.6 bank record links to a specific bank account defined in ACCPAC Bank Services.
• EFTPAC 5.6 can be used with multiple ACCPAC companies.
• EFTPAC allows the electronic file created to be viewed prior to transfer to the bank and indicates to the operator possible errors in the file. This allows the operator to correct errors prior to submission of the file to the bank.
• EFTPAC now supports BPay payments for Westpac, Macquarie Bank, National Australia Bank (NAB) and Commonwealth Bank (CBA)

Technical Specifications
Requires:

• SAGE ACCPAC ERP 5.6 System Manager and either Accounts Payable or Accounts Receivable modules, using the following databases:

  Pervasive.SQL 10 (or later)

  Microsoft SQL Server 2005 (or later)

  Oracle 10 (or later)

• Microsoft Windows XP or above
• Prior versions of EFTPAC are available for Sage Accpac 5.5 and prior
• EFTPAC does not provide modem communications software or bank specific file submission software