Void EFT Batch

• Accounting > Payables > Process Checks > Electronic Funds Transfer > Void EFT Batch

Enter the code of the bank from which the payment you want to void was drawn.  If you click on the Arrow, a list of EFT banks appears from which you can choose.  

Once you select an EFT batch, the grid populates with the payments associated with the batch, including the following information:

• Reference - payment number

• Remit-To

• Vendor

• Amount

• Status

• EFT Number - EFT Payment Number for the bank (similar to a check number).  

If you double-click on a payment in the grid, the View Payment Screen appears for the selected item.

Once you select a batch, click the Save button.  The process voids

• each payment in the EFT batch and moves any AP bills that were in history to the AP.BILL file.  

• the EFT Batch’s bank reconciliation transaction record.  

For each payment, the process posts a reversing GL batch for

• each payment, debiting the EFT GL account and crediting the Accounts Payable account.  

• the entire EFT batch, crediting the EFT GL account and debiting the AP Cash account.