Overview:
Use the Canadian Direct Deposit Transmission Information window to establish ACH direct deposit transmitter records. The Create ACH Direct Deposit File process uses this information during electronic funds file creation. The following bank formats are supported:
- Bank of Montreal
- CIBC
- HSBC Bank Canada
- Royal Bank of Canada
Benefits:
- Provides the ability to meet most financial institution ACH file format requirements
- Set's the stage for electronic funds transfer via ACH
Roles:
- Accounting Manager
- CFO
Location:
- Accounts Payable > Setup > Canadian Direct Deposit Transmission Information
- Payroll > Setup > Legal Entity Information > Canadian Direct Deposit Transmission Information
Video: