CBMS ERP ABA Credit Transfer

Export payments as ABA Credit Transfer files 
ABA Credit Transfer 
===================
This module allows the generation of payment batches as ABA (Australian 
Bankers Association) text files. The generated ‘aba’ file can be uploaded 
to many Australian banks.
Setup 
—–
– *Account > Configuration > invoicing > Journals*
 If needed, create new journal or choose an existing journal with **Type** 
set to *“Bank”*.
 On **Advanced Settings**, ensure ABA Credit Transfer is ticked.
 On the **Bank Account** tab, enter the **Account Number**.
 On the same tab, ensure the ABA transfer information is set up.
 **BSB** – Required, 6 digits, and will be auto formatted.
 **Financial Institution Code** – Required (provided by bank or can be found 
on Google). It is three uppercase 3 characters.
 **Supplying User Name** – Some banks allow this to be freeform, some banks 
may reject the ABA file if the Supplying User Name is not as expected. It 
cannot be longer than 26 characters.
 **APCA Identification Number** – User Identification number is bank 
allocated. It is 6 digits.
 **Include Self Balancing Transaction** – Some institutions require that the 
last be a self balancing transaction which is used as a verification.
– *Accounting > Configuration > Payments > Bank Accounts*
 Account will show up in list as the journal name.
 Editing will show the **Account Number**. This is important as it is used by 
the ABA process.
 **Bank** is optional.
– *Contacts > Configuration > Bank Accounts > Bank Accounts*
 Paying account will show up in list as the account number.
 **Account Holder Name** – Can be entered here, if Required. Generally not 
validated by the banks on ABA file transfers, but may show up on the payee 
bank statement against the payment.
– Vendor bank accounts can be set up in the same place, however, it is 
generally easier to set them up from the partner from for the Vendor.
– *Accounting > Vendors > Vendors*
 On **Accounting** tab, click on *”View accounts detail”* from where a 
vendor bank account can be created or edited.
 **Account Number** – Required, must be less than 9 digits.
 **BSB** – Required, 6 digits, and will be auto formatted.
 **Account Holder Name** – Optional.
Use 
—
– Create a vendor payment in the normal way.
 Ensure the **Vendor** is one with a valid ABA payment account.
 Choose the correct **Payment Journal** which is set for ABA payments.
 Select **ABA Credit Transfer** radio button.
 If the vendor has multiple bank account, you may need to select the 
correct **Recipient Bank Account**. Or if paying a vendor bill, it may 
need the correct bank account associated with it.
 Enter payment amount, etc.
– *Vendors > Payments*
 After payment(s) are confirmed, they will show up in the payments list.
 Using filters, or sorting, select the payments to be included. Under 
*Actions* choose *Create batch payment*.
– *Vendors > Batch Payments*
 When validating a batch payment, the ABA file will be generated. It can 
be regenerated. This file can then be uploaded to the bank.

Important Notes

A new Company Database is automatically created when you order a Software Package from the shop and Login details sent to your email, login to the new database and on Apps page you can activate the Software purchased.

If you want this module or app to appear in your existing database first login to your database and visit the Apps page to search for this module name and click Activate or Install

To order now select the correct Currency for your Country from the Top right corner or use USD if your country is not available . Default Standard Package Price is shown,

You can purchase extra addons or extra users to top up your existing database by contacting us or opening a Support Ticket

ABA Credit Transfer

This module allows the generation of payment batches as ABA (Australian
Bankers Association) text files. The generated 'aba' file can be uploaded
to many Australian banks.

Setup

Account > Configuration > invoicing > Journals

If needed, create new journal or choose an existing journal with Type
set to “Bank”.

On Advanced Settings, ensure ABA Credit Transfer is ticked.

On the Bank Account tab, enter the Account Number.

On the same tab, ensure the ABA transfer information is set up.

BSB - Required, 6 digits, and will be auto formatted.

Financial Institution Code - Required (provided by bank or can be found
on Google). It is three uppercase 3 characters.

Supplying User Name - Some banks allow this to be freeform, some banks
may reject the ABA file if the Supplying User Name is not as expected. It
cannot be longer than 26 characters.

APCA Identification Number - User Identification number is bank
allocated. It is 6 digits.

Include Self Balancing Transaction - Some institutions require that the
last be a self balancing transaction which is used as a verification.
Accounting > Configuration > Payments > Bank Accounts

Account will show up in list as the journal name.

Editing will show the Account Number. This is important as it is used by
the ABA process.

Bank is optional.
Contacts > Configuration > Bank Accounts > Bank Accounts

Paying account will show up in list as the account number.

Account Holder Name - Can be entered here, if Required. Generally not
validated by the banks on ABA file transfers, but may show up on the payee
bank statement against the payment.
Vendor bank accounts can be set up in the same place, however, it is
generally easier to set them up from the partner from for the Vendor.
Accounting > Vendors > Vendors

On Accounting tab, click on "View accounts detail" from where a
vendor bank account can be created or edited.

Account Number - Required, must be less than 9 digits.

BSB - Required, 6 digits, and will be auto formatted.

Account Holder Name - Optional.

Use

Create a vendor payment in the normal way.

Ensure the Vendor is one with a valid ABA payment account.

Choose the correct Payment Journal which is set for ABA payments.

Select ABA Credit Transfer radio button.

If the vendor has multiple bank account, you may need to select the
correct Recipient Bank Account. Or if paying a vendor bill, it may
need the correct bank account associated with it.

Enter payment amount, etc.
Vendors > Payments

After payment(s) are confirmed, they will show up in the payments list.

Using filters, or sorting, select the payments to be included. Under
Actions choose Create batch payment.
Vendors > Batch Payments

When validating a batch payment, the ABA file will be generated. It can
be regenerated. This file can then be uploaded to the bank.

CBMS ERP ABA Credit Transfer

₦ 5,000.00 5000.0 NGN ₦ 5,000.00

₦ 5,000.00

ABA Credit Transfer

Setup

Use