Bills to pay: Pay supplier bills via electronic funds transfer (EFT)
To deposit a payment directly to a supplier's bank account is an important method to process bill payment for any business. I believe that you know EFT 80 Byte File Layout mandatories in Canada, but the batch file export from Xero does not meet the requirement. You should have a plan to service EFT ASAP.
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Robert Tersigni commented
We are converting from Sage 50 to Xero .... I am truly shocked that Xero does not have this capability. , this can be a simple data export . Sage 50 has this feature. and that system is a DINOSAUR!
--- Has anyone had any luck building a macro to build the EFT 80 Byte File outside of Xero? ... I can not believe I have to go down this path
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Sharon Williams commented
This is a basic service now in Canada why don't we have this???
Bank cheques are now a fraud risk that is higher than the EFT. -
Elaine Amundsen commented
BMO supports both 1464 and 80 byte file formats in Canada. This would be ground breaking for Xero clients to be able to pay bills directly from Xero.
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Les Entreprises MIP Inc. commented
How can we do an EFT without this feature? why there is no answer on Lydia's post?