Requirement: electronic payments (EFT – Electronic Transfer of Funds) in SWIFT format, including e-signature. This is used for many electronic transfers of funds, primarily international transfer. The configuration requirements are specific and detailed, but once complete, require no update. Included in the configuration are several user codes for management of acknowledgement and error messages, as well as several new used defined fields for management of A/P payments. This project also required confirmation of approval, though the approval process itself was not part of the project- only validation of that approval, and so is not included here.
Screen examples:
New Payment Method
New Payment Method – EFT SWIFT Tab
Bank information must include SWIFT Code
Payment is processed
Resulting Output
Acknowledgement Review in a Custom Tracker