Define the EFT payment format.

Enter bank and payment details for all EFT Vendors in the Multiple Supplier Banks window.

Define the bank where EFT payments are made from.

Create the payment batch using AutoSelect.

Generate the EFT payment file and remittance.

Rename and transfer the EFT payment file from your operating system to the payment media. Oracle Payables stores the EFT payment file in your standard output directory. The format of the name for this file is a concatenation of your Oracle Payables login name, followed by a period and the Concurrent Manager request number for the Format Payments submission. Rename this file to a user-defined file name, for example: EFT971113. Finally, copy this file to the media.

Print the EFT Listing from the Standard Report Submission window. Use the user-defined name of the EFT payment file that you transferred to the media.

Define Operation Codes as PayGroups. To produce the payment file, enter the correct PayGroup (Operation Code) in the Payment AutoSelect window.

Note that the EFT build program only includes invoices for vendors with a 2-digit pay group.

Note that the generated EFT file is in ASCII format and suitable for transfer on tape, diskette, or modem.