EFTXpress for Cashbook 5.5

EFTXpress is an add on product which enables Cashbook users to select EFT as a Cashbook batch type. During posting of the EFT batch an EFT file is generated in the specific format your bank requires to process the EFT payments.

Once your bank has processed the EFT payments, EFTXpress imports the Reference Numbers generated by your bank. EFTXpress will match these payment entries to the EFT transactions in the Cashbook and update the Reference Numbers in the Cashbook Bank Reconciliation to facilitate reconciliation to your bank statement.