Can you use European EFT simultaneously with Payables EFT? Is European EFT a separate module that requires registration keys? Outside of the setup required for European EFT as described in the European EFT online manual, is anything else required in order to create an export file to send to the bank?
1. European EFT may not be used simultaneously with Payables EFT. If Payables EFT is installed, you will not be able to activate European EFT (Setup| Company| Company, Options, Enable European Electronic Funds Transfer). Also, if European EFT has been activated, you will not be able to install Payables EFT.
2. European EFT is new to version 7.0 and is part of the 7.0 code. Therefore, you do not need to purchase separate registration keys for European EFT.
3. Once European EFT has been enabled and properly setup, the user will have the ability to enter transactions utilizing European EFT; however, in order to create an export file to send to the bank, they will need to buy a product called Albany eBanking. More information regarding this product may be foundat
This article was TechKnowledge Document ID:29884
Article ID: 859135 - Last Review: 31 Dec 2014 - Revision: 1