Proposal for Creating EFT payment template for UK
Proposal summary
SmartRecruiters would like to create EFT payment templates for UK entity. In this
requirement, we need to create 3 types of Payment file formats.
Requirement
SmartRecruiters would like to generate an EFT template for the bank. Following are the 3
different EFT templates that need to be generated.
- GBP Normal TEST
- Intl Test file
- EUR Test file
Our Solution
Prerequisites
● SmartRecruiters need to provide the access to Netsuite account
● J&J will do the field mapping once we get the customer account and will give the
field mapping for verification. SmartRecruiters needs to provide the missing fields in
the field mapping file.
● J&J Need to create the following in SmartRecruiters account
● Need to create 3 different Payment file Format
- GBP Normal TEST
- Intl Test File
- EUR Test File
● Need to create 3 Company Bank details.
● Need to create 3 entity bank details for a vendor
● Need to create vendors - Test vendor with currency GBP for GBP Normal TEST
- Test vendor with currency EUR for EUR Test File
- Test Vendor with currency AED for Intl Test File
- Test Vendor with currency USD Intl Test File
● Need to use GL Accounts - GL Account with currency GBP
- GL Account with currency EUR
- GL Account with currency AED
- GL Account with currency USD
Description of Task
The requirement can be achieved by creating payment file formats based on the
requirement. After that we need to create company bank details and entity bank details for
that payment file format.
Development Activities are:
Create four payment file formats
- GBP Normal TEST
- Intl Test File
- EUR Test File
Create company bank details and vendor bank details using payment file template
Create the vendor bills and do the bill processing