About Setting up EFT Options

To set up the EFT capability, you need to complete a number of steps within both the Finance and Administration Granules.

The tasks you need to perform within the Finance granule include configuring Purchase and Payables setup for e-mailing Remittance Advices, providing the appropriate banking details, and adding the vendor information that is required to process an EFT.

The information you need to define within the Administration granule includes updating the Company Information section with your federal business number.

Use the Email Management function to configure your SMTP Mail Setup and the Server PDF path for enabling the emailing of Remittance Advices.