Using Accounts Payable

Batch Check Processing OverviewYes. You are finished processing checks. Save and exit.No. Continue with Step 11.Step 11. Access the E-Check Production (ECHP) form.Step 12. Select the posting method in the Posting Method field. The following are thethree options:• Report Only. If you choose this option, the process only produces thereport, and the EFT file is not created.Note: You must run the ECHP process in Report Only mode beforeyou run it in Immediate Update mode.• Update from report. After you run the process in Report Only mode, youcan run it in Update from Report mode. Running the process in Updatefrom report mode produces the export file containing e-check information,the records in the CHECKS file, and updates voucher status and vendorhistory totals, and creates cash disbursement posting records. The processalso creates a report and produces advices.• Immediate Update. You can run the process in Immediate Update modeany time after the vouchers to be paid by e-check have been selected by theCheck Payment Selection (CKSE) process.Step 13. In the Transaction Date field, enter the check date. This date appears on thee-check and is the date reflected in the General Ledger.Step 14. Run the ECHP process.Colleague creates the EFT e-checks file. Transfer this file to your bankaccording to your institution’s procedures.TheNote: The EFT file is located within the FINANCIAL.EXPORTS file.Using Accounts Payable, June 19, 2009 399© 2009 Datatel, Inc.