Exact Globe+

PU 424 | 423 (Globe Next) and 502 | 501 | 500 (Globe+): Australian banks now support ABA bank format for payment and collection files

Exact Globe is now able to support the ABA bank format for both the payment and collection bank files. Besides generating the files using the .EFT extension, there is an option for you to generate the files in .ABA.

You can now select this format through Cash flow > Collections > Collection as shown in the following:

Generating bank files

You have to fill in the bank identification number in the Cash instruments screen before you generate the bank files. To generate a bank file with the .ABA extension, you have to select the Free field 18 check box (accessible through System > General > Free fields) in the bank journal that links to the cash instrument used for the selection of the file extension.

By default, the check box is not selected. If the Free field 18 check box is not selected, the bank file will be generated with the .EFT file extension. Otherwise, the bank file will be generated with the .ABA file extension.