Setting up an EFT Batch

Payments > Payment Processing > Bill Payment Processing

In NetSuite, the EFT module is set up to only be available to Vendors who have a Primary EFT Bank Account on their Vendor Record. Select the appropriate bank account as per the subsidiary payment you want to process (“Vancity – CAD FN” = TCF, “Vancity – CAD IN” = TCI).

Once processed you need to manually upload the EFT File to Central 1.

QUICK TIP: If an invoice is not showing up as a payable transaction for EFT as expected, check the vendor record. Even if you added a Primary Bank Account under “New Entity Details”, you need to make sure that the “EFT Bill Payment” box is checked on the “Bank Payment Details” sub-tab.

Sending out EFT Payment Notifications

Payments > Payment Processing > Payment File Administration

Here you can add a global message to all recipients, and individual messages, if required.