1. Localizations for Australia and Singapore Implementation Guide
  2. Required Setup for EFT Payments

Required Setup for EFT Payments

Processing EFT payments in Australia involves these additional setup tasks:

  • Verify that the value P04572OZ exists in the Produce Bank File UDC table (04/PP).

  • Use the Payment Instrument Defaults program (P0417) to assign P04572OZ to a payment instrument.

    Assign this payment instrument to the suppliers that use EFT.

  • Set up supplier bank information.

    Enter the bank/state/branch (BSB) number in the Bank Transit Number field and the reference number that is requested by your supplier in the Reference/Roll Number field. The system writes the value from the Reference/Roll Number field to the Lodgement Reference field in the flat file. If you do not complete the Reference/Roll Number field, the system writes the document number of the payment as the value for the Lodgement Reference.

Note: When you write payments that use the EFT format for Australia, the system generates the EFT flat file in the format that is required by the Australian Payment Clearing Association (APCA) and stores the data in the Text Processor Header (F007101) and Text Processor Detail (F007111) tables.