1. EFTs for AP & AR 2. Safe Pay/Posi Pay 3. Electronic - PowerPoint PPT Presentation

E LECTRONIC B ANKING O VERVIEW Brenda Willey Implementation Specialist BrendaW@calszone.com

A GENDA FOR THIS S EMINAR 1. EFTs for AP & AR 2. Safe Pay/Posi Pay 3. Electronic Reconcile

EFT FOR AP& AR • Safe transfer of funds • Security can limit who has rights to create EFT file

C ARDS >F INANCIAL >C HECKBOOK

EFT S ETUP FROM C HECKBOOK M AINTENANCE

P AYABLES O PTION

EFT V ENDOR S ETUP

EFT V ENDOR B ANK S CREEN

EFT P ROCESSING

C OMPUTER C HECK B ATCH

P ROCESS C HECKS AS N ORMAL

E DIT C HECK B ATCH S CREEN

P RINT AND P OST P AYMENTS

C LICK ON G ENERATE EFT F ILE

G ENERATE EFT F ILES

S AFE P AY /P OSI P AY • Banks are requiring companies that process more than 500 checks month to use safe pay. • GP Safe pay once setup can create a file to be uploaded to the bank similar to the EFT file.

S AFE P AY T RANSACTIONS U PLOAD

C LICK ON L OAD R ELOAD T RANS

C LICK U PLOAD TO CREATE S AFE P AY FILE

E LECTRONIC B ANK R ECONCILIATION • Download file with all activity from the bank. • File will automatically match checks and deposits.

B ANK A CTIVITY D OWNLOAD S ETUP

D OWNLOAD T RANSACTIONS FROM B ANK

R ECONCILE B ANK S TATEMENT

Q & A

THE END