Payroll Post Notes: What About My EFTs?

Jennifer Maroney — Mon, 13 Apr 2009 16:52:00 GMT

I must confess we are often check-centric. Most of our solutions reference only checks as if that's the only payment method available. For example, if a paid calculation is incorrect we tell you to first void the check. But what are you supposed to do if you pay your employees by EFT?

Pardon the interruption, but I wanted to note that EFT is only available as a payment option if you have the EFT optional module. For information about the EFT module, contact your account manager. Now we may resume.

The answer is actually easier than you think, unless you've already figured it out . When it comes to voiding payments, it doesn't matter the payment type, check, EFT, or bank draft, the answer is void. So if you need to correct a calculation paid by an EFT, void the EFT payment, make the appropriate changes, and then recreate the EFT file. Just remember when you're deleting the EFT payments that you don't delete the calculations. If you just need to create the EFT file without making any corrections, you still need to void the EFT payments in order to recreate the EFT file.

Most of the time if you see a step that requires you to void a check, replace check with EFT and you will know what to do. Talk to you soon!

Customer Recommendation for AP EFT Users

Jennifer Maroney — Thu, 24 Jul 2008 17:56:00 GMT

I review forums posts on a regular basis and came across this one that may be useful to AP EFT users. Megan Maurer from the International Justice Mission in Arlington, Virginia, recommends EFT-O-Matic from PalmettoTech. EFT-O-Matic automatically sends EFT and Bank Draft notifications to vendors via email. Check out Megan's forum post for more information: http://forums.blackbaud.com/forums/t/9493.aspx

Please note EFT-O-Matic is not created or tested by Blackbaud.

The Ledger : EFT

Payroll Post Notes: What About My EFTs?

Customer Recommendation for AP EFT Users