CBMS ODOO ERP ABA Credit Transfer

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