Overview (EFT Remittance Format for Bills of Exchange)
Use this format to produce a file that contains an automatic remittance for
Bills of Exchange for Italy. This format is specified in the Remittance
Transmission Program and Factoring Transmission Program fields in the Define Payment
Methods window. If you need a different format for your remittance transmission
program, you must copy the program that is provided, and then modify the format
accordingly. This remittance format is sent to the bank to initiate the transfer
of funds.
This EFT format is made up of a header record, detail records that describe
the receipts, and an end record. The following table is a summary of the detail
records:
Record Type
| Description
|
14
| Receipt Details
|
20
| Supplier Name
|
30
| Customer Name
|
40
| Customer Address
|
50
| Invoice Details
|
51
| Supplier Details
|
70
| Additional information for the bank
|
You can produce this EFT format by using the Format option in the Action field
in the Create Automatic Remittances window or the Remit Receipts window. You
can also use the Format Remittances window.
