Accounts Payable Q&A: EFT Transactions

March 2021    Tags: ,

We sent an online payment to a vendor instead of writing a check. How can we record this in Accounts Payable?

When sending money to a vendor via a direct deposit or electronic check, you can use the Electronic Funds Transfer (EFT) type in the Invoice/Manual Checks entry screen to record it.

To enter an EFT

  1. From the File menu, point to Open and select Invoice/Manual Checks.
  2. Select the desired Vendor.
  3. Select EFT.
  4. Enter any other information as needed.
  5. Press Ctrl+S.
Share or Print this Article
No votes yet.
Please wait...

« PREV NEXT »


Leave a Comment