Export payments as ABA Credit Transfer files
ABA Credit Transfer
===================

This module allows the generation of payment batches as ABA (Australian
Bankers Association) text files. The generated ‘aba’ file can be uploaded
to many Australian banks.

Setup
—–

– *Account > Configuration > invoicing > Journals*

If needed, create new journal or choose an existing journal with **Type**
set to *“Bank”*.

On **Advanced Settings**, ensure ABA Credit Transfer is ticked.

On the **Bank Account** tab, enter the **Account Number**.

On the same tab, ensure the ABA transfer information is set up.

**BSB** – Required, 6 digits, and will be auto formatted.

**Financial Institution Code** – Required (provided by bank or can be found
on Google). It is three uppercase 3 characters.

**Supplying User Name** – Some banks allow this to be freeform, some banks
may reject the ABA file if the Supplying User Name is not as expected. It
cannot be longer than 26 characters.

**APCA Identification Number** – User Identification number is bank
allocated. It is 6 digits.

**Include Self Balancing Transaction** – Some institutions require that the
last be a self balancing transaction which is used as a verification.

– *Accounting > Configuration > Payments > Bank Accounts*

Account will show up in list as the journal name.

Editing will show the **Account Number**. This is important as it is used by
the ABA process.

**Bank** is optional.

– *Contacts > Configuration > Bank Accounts > Bank Accounts*

Paying account will show up in list as the account number.

**Account Holder Name** – Can be entered here, if Required. Generally not
validated by the banks on ABA file transfers, but may show up on the payee
bank statement against the payment.

– Vendor bank accounts can be set up in the same place, however, it is
generally easier to set them up from the partner from for the Vendor.

– *Accounting > Vendors > Vendors*

On **Accounting** tab, click on *”View accounts detail”* from where a
vendor bank account can be created or edited.

**Account Number** – Required, must be less than 9 digits.

**BSB** – Required, 6 digits, and will be auto formatted.

**Account Holder Name** – Optional.

Use
—

– Create a vendor payment in the normal way.

Ensure the **Vendor** is one with a valid ABA payment account.

Choose the correct **Payment Journal** which is set for ABA payments.

Select **ABA Credit Transfer** radio button.

If the vendor has multiple bank account, you may need to select the
correct **Recipient Bank Account**. Or if paying a vendor bill, it may
need the correct bank account associated with it.

Enter payment amount, etc.

– *Vendors > Payments*

After payment(s) are confirmed, they will show up in the payments list.

Using filters, or sorting, select the payments to be included. Under
*Actions* choose *Create batch payment*.

– *Vendors > Batch Payments*

When validating a batch payment, the ABA file will be generated. It can
be regenerated. This file can then be uploaded to the bank.