Share
ReportHello.
Does anyone know if the EFT Payments for AP functionality is available within Dynamics 365 Financials?
Categories:
You’re offline. This is a read only version of the page.
Hello.
Does anyone know if the EFT Payments for AP functionality is available within Dynamics 365 Financials?
Hi, the direct functionality for North America EFT is being worked on and should be available in late calendar Q1 2017. So, look for additional information soon.
Theresa
Any update to this Theresa?
Nvmoss originally posted this in November, 2016. At the time you indicated that this functionality "is coming". Do you have any idea when it might be coming?
I have implemented D365 BE. I have enabled Yodlee Envestnet. It works fine for importing data from my bank. Unfortunately, "Yodlee" seems to have nothing to do with disbursements.
I am currently trying to do my first electronic payment to a vendor. I am running into error messages that essentially tell me I have to enable a bank data conversion service, and link it to my "bank account" in D365 BE. In following this through, I have to go to website http://www.amcbanking.dk/nav/register and register. On the registration page, one of the required fields is "Cvr number". I've googled this, and apparently this is a VAT I.D. Now, it looks like I'll have to apply for a VAT ID number (in Denmark?) in order to continue with this process.
I feel like I am digging a hole that just goes deeper and deeper. Of course I can write paper checks, do my banking online and import the result into D365 BE, etc., but this is the 21st century. So when will this functionality be available within Dynamics 365 BE. This current process is needlessly complex.
The existing EFT payments functionality is not currently available for Dynamics 365 financials. There is an extension with AMC which will enable you to create files to transmit to your bank. We are working at adding EFT formats and the ability to create US banking EFT files in a coming iteration of Dynamics 365 Financials.
Thanks,
Theresa Nistler
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,280
Super User 2024 Season 2
#2
Martin Dráb
230,235
Most Valuable Professional
#3
nmaenpaa
101,156
All responses (
Answers (