Vendor EFT Process Quick Checklist
| Step | |
|---|---|
| 1. | Finance > Maintenance > Vendor Information > Vendor Name/Address Add/update vendor EFT email address. |
| 2. | Finance > Tables > Bank Codes > Bank Codes Add/update bank codes. |
| 3. | Finance > Tables > Bank Codes > EFT Add/update EFT information. |
| 4. | Finance > Maintenance > Vendor Information > Vendor Miscellaneous Add/update vendor bank information. |
| 5. | Finance > Maintenance > Postings > Check Processing - PA OR PO Post transaction(s). |
| 6. | Finance > Maintenance > Check Processing > Print Checks Print checks. |
| 7. | Finance > Maintenance > EFT Processing > Create EFT File Create the EFT file. |
Your EFT file is ready to be sent to your bank contact for EFTs using your LEA's preferred method of sending EFT files.
The following morning at 6:00 AM, ASCENDER will generate and send an email to the vendor's EFT email (on the Vendor Name/Address tab) notifying them that an EFT payment (deposit) has been issued to their bank account.