Nett Pays¶

Processing ‣ Direct Transfers ‣ Nett Pays

Parameters

Direct Transfer Date:
	Enter here that date that the transfer will be sent to the bank.
Transfer Description:
	This will be set automatically but you may edit if you wish.
Bank Account:	Select the Bank Account from which the payment will be made. Note you may set a default setting for this at Setup, Database Setup, General in the Default DDT Bank Account field.
Generate DDT file:
	Set this Yes to generate the DDT file. This is the normal setting.

File Settings The information for these fields is normally provided by your bank. Default settings for these fields may be set for the Bank Branch to which the Bank Account, from which the funds will be drawn (and set above), is attached.

Bank Abbreviation:

This is normally a three letter code which is in Capitals e.g. ABA.

Filename:

This is the full path name to the file that the bank’s software will transfer to the bank.

Allow Contra:

The options here are:

None The DDT file will contain no reference to the bank account from which the funds will be taken.
Single The DDT file will contain details for the one bank account from which the funds will be taken.
Multiple The DDT file will contain details for one or more bank accounts from which the funds will be taken.

Check with your bank to determine which is the correct method for it.

DDT Type:

This is normally set to Blank. Use the other options where advised to do so by your bank.

Single Contra Ref:
	This Reference will normally be included on the line of your bank statement that shows the payment.