Electronic Funds Transfer

[tsm.apps]

Hi All,

Please any one tell me the steps of EFT. As per my knowledge the functionality of EFT is transfer funds fron one bank to another bank but i do not know the steps. Can anyone give the samll description about this.

I have searched in metalink he is saying we need to do custamization programme. is it right....

Thanks and Regars
Siva.

[eswar_chinni]

Hi siva

Eft also same process as like check payment.
1. create payment format with EFT.
2. Select electronic payment method at the time of keying invoice.
3. After finish payment see the output, in most cases, this output will not match with the bank format. So, this report should be customized.
correct me if i am wrong.

eshwar

[akhil]

yes that is right. We con do it only in Production instance not do in vision instance