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  • Direct Deposit and EFT Options

    Is there a way to have both Direct Deposit and EFT as a form of payment? Some of our clients do not want to provide banking details and would prefer if I send an e-transfer with a password. If I use the pay by ck option and change the CK# to the etransfer…
  • EFT Direct Deposit through Credit Union

    I'm working on setting up my EFT Direct Deposit through Sage, and my Credit Union bank. The bank has set me up with CAFT and a username and password combo to upload my payroll EFT file too, however, Sage does not let me create any EFT references. Do…
  • Want to use EFT in lieu of Direct Deposit

    Using Sage 100 2015 PU4 and legacy P/R module. I want to send funds to my employees using online EFT. With only 7 employees, traditional Payroll Direct Deposit service fees (Sage PR Service) and my bank's traditional Direct Deposit service charges) are…
  • RE: What is Pre-Autorized Debit (PAD)

    Hi there, PAD is like using EFT but with another service. So there are two ways of receive direct deposit from customers: Beanstream (PAD option from Sage 50) and EFT direct (add-on program). This blog explains those two methods. You can continue…
  • Know your EFT program better!

    There are some confusions around using Sage 50 EFT Direct program example some new users might enter banking information in Sage 50 but nothing in EFT itself. That confusion is understandable, one of the first thing we can see in Sage 50 employee’, vendor…
  • Which direct payments method: direct deposit and pre-authorized debit are available in Sage 50 Canada?

    Sage 50 Accounting Canada allows direct payments: direct deposit to suppliers and employees plus pre-authorized debit for customers. There are two ways to do that in the program: EFT Direct (Electronic Fund Transfer) and Sage 50 Direct Payments (Beanstream…