Self Balancing Bank Account Export Option

Written by Caitlin Williams

10.1 Release Notification – 14 Dec 2016

NEW FEATURE

Self Balancing Bank Account Export Option
Include a trace record in ABA exports

There have also been regular bug fixes and performance improvements.  If you have reported any bugs that have been resolved in this release you will be notified by the Client Services team directly.

Improvements

Self Balancing Bank Account Export Option

Config > Payroll > EFT Bank Account > [Account]

We now offer the ability to decide if a specific bank account requires ‘self balancing’ ABA files. Previously we set whether the ABA file would include a trace record based on the financial institution.  We will continue to do this by default.  However certain institutions now accept files of both types, so we’re allowing you to specify this on the account itself.

Enabled in 10.1