Using Electronic Funds Transfer (EFT) with multicurrency

Summary

Sage 50 Accounting users can handle Canadian EFT transactions or use Sage 50 Direct Payment (Bambora) and new company files for US payments.

Resolution

Integrated EFT

  • The integrated EFT in Sage 50 2016 or later can only produce EFT files for Canadian currency.
  • You can't use EFT to process US payments. To process US payments, use Sage 50 Direct Payments (Bambora).

Sage 50 Direct Payments (Worldline)

You can use the Direct Payment feature in Sage 50 for Canadian and US transactions only.

  1. Go to Sage 50 add-ons.
  2. Under Sage 50 Direct Payment, click Learn more to learn about each type of direct payment.

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Related Solutions

How do I upload a payment, payroll Direct Deposit, or a Pre-Authorized Debit to Bambora?
How can I sign up with Sage 50 Direct Payments?

Solution Properties

Solution ID
223924350031912
Last Modified Date
Tue Sep 17 20:11:14 UTC 2024
Attributes
Product Details
Integrated Product: Blueprints
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