Description

The Description field in the AP EFT Download form.

When you post this batch, if this particular payment includes more than one vendor, the description you enter appears in various reports and forms in the CM module. If you leave this field blank, the system uses EFT Payment as the description.

If this payment includes only one single vendor, the system inserts the vendor name in those same places in the CM module and any entry in this field is ignored.

This field accepts up to 10 characters.

Note: For US companies, this field populates positions 54-63 of the EFT file's Batch Header Record.