Technical Features

2. Technical Features • Developed in the ACCPAC Software Development Kit (SDK). • Runs on any ACCPAC database • Runs in a web browser • Uses ACCPAC security and Lanpaks • Supports Microsoft MAPI compliant faxing software • Supports MS Outlook, Novell GroupWise and Lotus Notes

3. Pay Creditors Electronically: • Enter banking information against ACCPAC vendors • Setup multiple bank accounts for each vendor • Distribute EFT payments to bank accounts by percentage or fixed amounts • Use open ACCPAC AP Payment batches to generate bank EFT files • Automatically email or fax remittance advices to vendors from posted AP Payment batches • Resend advices at any time • Print a log file of electronic payments

4. Direct Debit Customers: • Enter banking information against ACCPAC Customers • Setup multiple bank accounts per customer • Distribute EFT payments to bank accounts by percentage or fixed amounts • Create bank EFT files from open AR Receipt Batches • Automatically email or fax direct debit advices from posted AR Receipts batches

5. Pay Employees Electronically: • Add bank details to employee master files • Store multiple bank accounts per employee • Distribute EFT payments to employee’s bank accounts by percentage or fixed amounts • Generate the bank EFT file from payrun details • Print a log file of electronic payments made to employees • Works with both US and Canadian Payroll

6. Import Credit Card/Direct Debits: • Download or receive your credit card files from your bank and import into EFT Services • Automatically creates an AR Receipt Batch (unallocated i.e. quick deposit) • Add bank credit card merchant fee • File formats can be easily edited using an Excel template file

7. Electronic Checks: • Scan in paper checks using a MICR reader • Automatically creates an AR Receipts Batch (unallocated) • From the AR Receipts Batch create the direct debit file and send to the bank • Very useful for clients that receive large numbers of checks

8. Consolidate Bank EFT Files • Save bank fees by combining multiple EFT files into one

9. Reports: • AP Audit Log Report • AR Audit Log Report • Payroll Audit Log Report • Vendor Banking Details • Customer Banking Details • Employee Banking Details

10. Advantages: (over ACCPAC EFT Direct Products) • EFT Services is a fully SDK compliant ACCPAC module. As such it uses ACCPAC Lanpaks, it runs in a web browser, it uses ACCPAC security, it runs on ACCPAC's databases. • EFT Services does not need to import debtors and creditors to set-up EFT banking info.  EFT Services automatically reads all debtors and creditors as they are added to ACCPAC. • EFT services automatically emails or faxes remittance advices. Works with Outlook, Lotus Notes and Novell GroupWise. • An audit log is maintained of when payments/receipts were made and when the vendor/customer was advised and how. • EFT Services is less expensive than EFT Direct • Both EFT for AR and AP is in the one module - so only one install and training is required - much easier to maintain. • Also produces electronic checks and scans in the MICR details on checks. • Imports credit card files to automatically create receipt batches.

11. More Information: • Visit www.visionetix.com • Email srider@visionetix.com • Ph: +612 9411 7740