Bank Code Maintenance

Menu Path: System Administration $Images\bluerarw.gif$ Module Setup $Images\bluerarw.gif$ Bank Code Maintenance

Purpose

Set up and maintain bank information.

Overview

Use Bank Code Maintenance to create, edit, and delete information for banks, such as bank addresses, and direct deposit/debit processing information. You can also set up bank settings for positive pay processing and bank statement management.

Creating Banks

To create a bank:

If your company uses consolidation ledgers, verify the ledger ID for which you want to create a bank code is entered in the Ledger ID field.
Click the New button in the ribbon.
Enter a code for the bank in the Bank Code field.
Enter the name of the bank in the Bank Name field.
Enter a description of the bank in the Description field.
If applicable, enter the BIC/SWIFT for the bank in the BIC/SWIFT field.
Click the Address tab.
Enter the bank's address information.
Click the Options tab.
Enter direct deposit payment processing, direct debit collection processing, bank statement management, and positive pay processing settings, as needed.
Click the OK ribbon button. The bank code is created.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the Bank Code Maintenance window.
New	Click this button to create a new bank.
Update	Click this button to update the selected bank.
Delete	Click this button to delete the selected bank.
OK	Click this button to accept an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
Cancel	Click this button to cancel an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
First	Click this button to display the first bank.
Prev	Click this button to display the previous bank.
Next	Click this button to display the next bank.
Last	Click this button to display the last bank.

Fields and Buttons

Field or Button	Description
Bank Code	Enter a unique code for the bank, or click the Lookup button to select a previously created bank code.
Bank Name	Enter the name of the bank, or click the Lookup button to select a previously created bank name.
Ledger ID	Enter a ledger ID for which you want to set up or maintain a bank, or click the Lookup button to select a ledger ID. Note This field is only available if at least one consolidation ledger is set up.

Main Tab Fields and Buttons

Field or Button	Description
Description	Enter a description of the bank.
BIC/SWIFT	Enter the unique business identifier code (BIC) or Society for Worldwide Interbank Financial Telecommunication (SWIFT) code for the bank.

Address Tab Fields and Buttons

Field or Button	Description
Address 1	Enter the first line of the bank's address.
Address 2	Enter the second line of the bank's address.
Address 3	Enter the third line of the bank's address.
City	Enter the city of the bank's address, or click the Lookup button to select a city. For information on setting up cities, see Postal Code Maintenance. This field can default from the postal code if the postal code is set up in Postal Code Maintenance.
State/Province	Enter the state or province of the bank's address, or click the Lookup button to select a state or province. This field can default from the postal code if the postal code is set up in Postal Code Maintenance. This field’s label can be set up in Country Maintenance.
Postal Code	Enter the postal code of the bank's address, or click the Lookup button to select a postal code. If you set up the postal code in Postal Code Maintenance, the City, County, and State/Province fields are automatically populated when you enter the postal code. The format of the postal code is set up for the country in Country Maintenance, and can optionally be set up to be validated.
Country	Enter the country of the bank's address, or click the Lookup button to select a country. The country controls the format and/or validation of the postal code, the format of the phone fields, and the label for the State/Province field. For information on setting up countries, see Country Maintenance.
County	Enter the county of the bank's address. This field can default from the postal code if the postal code is set up in Postal Code Maintenance.
Phone #	Enter the bank's phone number. The format of the telephone number is set up in Country Maintenance.
Fax #	Enter the bank's fax number. The format of the fax number is set up in Country Maintenance.
Email	Enter the bank's email address.

Options Tab Fields and Buttons

Field or Button	Description
Domestic Bank Extract Format	Enter the domestic direct deposit bank extract format for the bank, or click the Lookup button to select a direct deposit bank extract format. For information on setting up bank extract formats, see Bank Extract Format Maintenance.
Foreign Bank Extract Format	Enter the foreign direct deposit bank extract format for the bank, or click the Lookup button to select a direct deposit bank extract format. For information on setting up bank extract formats, see Bank Extract Format Maintenance.
Output Directory (Direct Deposit Payment Processing)	Enter the full folder path for the folder to which to export direct deposit payment processing files for the bank in Direct Deposit Payment Entry, or click the Lookup button to navigate to and select the folder.
Non-SEPA Extract Format	Enter the Non-SEPA direct debit bank extract format for the bank, or click the Lookup button to select a direct debit bank extract format. For information on setting up bank extract formats, see Bank Extract Format Maintenance.
SDD Core Extract Program Name	Click the Lookup button to select the SDD Core extract program name for SEPA direct debits for the bank.
Filename Prefix (SDD Core)	Enter a prefix that identifies exported SDD Core files for SEPA direct debits for the bank.
SDD B2B Extract Program Name	Click the Lookup button to select the SDD B2B extract program name for SEPA direct debits for the bank.
Filename Prefix (SDD B2B)	Enter a prefix that identifies exported SDD B2B files for SEPA direct debits for the bank.
Output Directory (Direct Debit Collection Processing)	Enter the full folder path for the folder to which to export direct debit collection processing files for the bank in Direct Debit Collection Management, or click the Lookup button to navigate to and select the folder.
MT940 Program Name	Click the Lookup button to select the program name used to import MT940 bank statement files for the bank. You can import MT940 bank statements in Bank Statement Import.
OFX Program Name	Click the Lookup button to select the program name used to import OFX bank statement files for the bank. You can import OFX bank statements in Bank Statement Import.
Extract Program Name	Click the Lookup button to select the positive pay processing extract program that determines the formatting of the positive pay processing files for the bank. For more information, see Positive Pay Processing.
Filename Prefix (Positive Pay Processing)	Enter a prefix that identifies exported positive pay processing files for the bank. This can be an abbreviation for the bank to which the positive pay processing files are sent, or any other text that identifies the files.
Output Directory (Positive Pay Processing)	Enter the full folder path for the folder to which to export positive pay processing files for the bank in Positive Pay Processing, or click the Lookup button to navigate to and select the folder.
RID	Enter the remote ID for the bank. This field is only available if you select WFextract for the Extract Program Name field.
BID	Enter the batch ID for the bank. This field is only available if you select WFextract for the Extract Program Name field.
Bank ID	Enter the bank ID for the bank. This field is only available if you select WFextract for the Extract Program Name field.