Using Accounts Payable

Checks: Maintaining Bank Account Info for e-Check ProcessingAll of these criteria must be met for Colleague to process an e-check paymentfor the voucher.Figure 64: Validating Bank Account Information for Payment by e-CheckCanadianBank AccountInformationU.S. Bank AccountInformationPrenoted?YesNoPaper CheckE-Check Pay FlagYesNoPaper CheckToday orEarlier DateEffective DateFuture DatePaper Checke-CheckComponents of Bank Account InformationBank account information in Colleague can be either U.S. or Canadian. Theinformation entered depends on the location of the payee’s financialinstitution.U.S. bank account information includes the following:• Routing Number• Bank Account Number• Account Type• Prenote [Flag]• E-Check Pay [Flag]• E-Check Advice [Type]• Effective Date366 Using Accounts Payable, June 19, 2009© 2009 Datatel, Inc.