EFTXpress For Cashbook

Effective, efficient and fast EFT program
Learn More Contact Us

EFTXpress Bank Setup

From the Bank Format drop down list you can select your bank format. Consult the Bank Formats Available for EFTXpress list on our website to see which bank formats are available.

Build your own description that appears on your bank account statement as well as the description that appears on the Beneficiary bank account statement. You can build descriptions of up to three segments from the following fields: Batch Entry Reference, Batch Entry Description, Miscellaneous Code and Miscellaneous Name.

If your bank format is not on the list you need to supply Peresoft with the following information:

  • A detailed record layout of your EFT bank format which can be obtained from your bank.

  • The name of the EFT Bank Format. This name will be used in the Bank Format drop down on the EFTXpress Bank Codes screen.

  • The serial number of the EFTXpress purchased. Peresoft will only write the interface for the EFT bank format for clients who have already purchased EFTXpress. This will ensure development costs of the new bank format is covered. All new banks formats are automatically included in the updates to EFTXpress which is available to all users within the region.

EFTXpress Bank Setup

Setup Miscellaneous Codes for EFTXpress

EFTXpress requires additional information for Vendors and Customers depending on which bank format you are using.

You are able to enter additional information for multiple banks for each Miscellaneous Code.

To link a Miscellaneous Code to an existing Vendor or Customer, use the same Vendor or Customer number that you used in Sage 300 ERP Accounts Payable and Accounts Receivable. When creating an EFT batch and entering the Vendor or Customer number in Batch Entry, Cashbook will retrieve this information from the CB Miscellaneous Codes table.

Setup Miscellaneous Codes for EFTXpress

Creating an EFT Batch

An extra batch type is now available called EFT Batch. Use this batch type to create an Electronic Funds Transfer file to submit to your particular bank for processing.

Creating an EFT Batch

Security Rights on Vendor Payment Information

Security Rights on the EFT Tab in Miscellaneous Codes where Bank Account Payment information for the Vendor is setup.

Security Rights on Vendor Payment Information

EFT Bank Audit

Audit List in C/B Register Reports to print any fields that have been modified in the EFT Tab of Miscellaneous Codes where Bank Account Payment information for the Vendor is setup.

EFT Bank Audit

Re-generate EFT file for posted EFT Batches

Re-generate an EFT File from a posted EFT Batch in Batch List. Useful if you need to update the Account Payment information for a Vendor without having to repost the EFT batch.

Re-generate EFT file for posted EFT Batches

EFTXpress Date Stamp

If the date in Setup EFTXpress Banks is greater than today's date, the setup date is used otherwise today's date is used when generating the EFT file.

EFTXpress Date Stamp

Similar Apps

Billdozer.com

Billdozer.com is a contract billing and collections management service that automates and streamlines the invoicing, collecting and reconciling of recurring payments. Billdozer is integrated with various South African banks and payment providers for debit order collections and bill payments. It includes customer tools for authorising mandates as well as viewing and paying bills.

Billdozer.com

Recurring Billing and Collections Management

Bridgement

Simple and fast credit facilities, business loans and invoice finance of up to R5,000,000 to improve cashflow and help grow your business. Apply online in minutes by connecting your Sage account, and receive funds in hours. Simply provide your financial data at a click of a button by connecting your Sage Business Cloud Accounting, and we'll do the rest, no lengthy forms and no paperwork required!

Bridgement

Fast, easy business funding online

BriskFlow

BriskFlow was designed to Simplify, Automate, and Centralise Business Administrative Processes into one single paperless cloud-based solution. Managing your Leads and Client Databases, CRM Processes, Quoting and Job Card Creation, Job Scheduling, Payment Collections, and Accounting with Seamless Integration into Sage Accounting, has never been this easy. Eliminating the need to recapture information in several different platforms, databases, and systems will save you and your staff time, enabling you to focus on customer service delivery and not on mundane repetitive tasks.

BriskFlow

Business Process and Workflow Management

Credit Hound Professional

Credit Hound is the leading credit control software for Sage. Designed to help you get paid faster and reduce the amount of admin involved in chasing payments. With the automation of many of your everyday credit control processes it will give you more time to focus on other tasks.

Credit Hound Professional

Advanced Credit Control

EFT Processing

EFT Processing, from Orchid Systems, streamlines payment and collection processes by transferring Sage 300cloud receipts and payments, through to the electronic funds transfer (EFT) functionality of your banking software.

EFT Processing

Process Payments & Receipts by EFT

Netcash

With more than 17 years of experience in the payments and collections industry, Netcash has become a leading payments provider to businesses, big and small, throughout South Africa. We ensure we provide our customers with various solutions and are always striving to give you the best possible payment solution for your business.

Netcash

Payment and collection solutions.

Pacifictech Funds Availability

This is a Real-Time Budget checking solution specifically designed for Pacifictech’s Purchasing Workflow. These sophisticated tools allow for stringent controls in budget override functions where budgetary management is critical to organisations managing their procure to pay processes.

Pacifictech Funds Availability

Budgetary controls with strict controls

Prophix

Prophix cloud software transforms planning, reporting & forecasting manual efforts with automation. Drive strategic decisions with scenario planning and insight.

Prophix

Integrated Planning, Budgeting, Reporting & Forecasting

SYSTRONICS CashWorks

This Sage 300 addon is adding the post dated check functionality to Sage 300, along with improved cash management. It partially replaces Sage 300 A/R Receipt and A/P Payment transactions in Sage 300, providing additional functionality. Even in absence of Sage 300 A/R and A/P modules CashWoks can handle receipts and payments, posting receipts/payments information directly to G/L. Being an SDK application, CashWorks fully integrates with Sage 300.

SYSTRONICS CashWorks

Support For Post Dated Checks!

SYSTRONICS Cashflow Forecasting

Cashflow Forecasting for Sage 300cloud offers a unique opportunity to forecast cash flow and manage bank balances inside Sage 300cloud by auto-generating transactions, manually entering provisional ones, and running "what if" scenarios. It integrates with Sage 300cloud Bank Services, General Ledger, Accounts Receivable, Accounts Payable, Purchase Order, and Sales Order modules, to deliver an unprecedented user experience!

SYSTRONICS Cashflow Forecasting

Upset your Bank! Push your cash management efficiency to the limit.