Bank Tab
This is specific to Customer and Supplier records and is used to hold bank account details. Access to this tab is controlled by your User Security Profile, where you can have Full access (you can view and edit), View access (cannot edit), or None (tab is disabled).
Sort Code
You are able to enter the sort code with, or without, dash (-) characters. If you enter without, you are asked whether you want to add them. We recommend that you check with your bank, as some bank software may require no dashes.
Account No.
Enter the Bank Account Number.
Account Name
The Payee Name on a Cheque, Remittance with Cheque or in a BACS remittance produced by the system is taken from the Account Name field on this tab.
If this field is empty, the Supplier name from the main record will be used.
If you are requested to make payments to a debt factoring company, enter the Payee name for the factoring company here.
For BACS remittance files, avoid using any of the invalid characters for the SWIFT character set.
BACS Reference
This field is used to identify the payment as it will be known to the beneficiary. If you hold your Suppliers' bank details you can arrange to make payments to them by BACS. Access Accounts will process the remittances and generate a BACS Export file.
This file will contain all the remittance data required to process the payments by BACS.
You will need to have third party BACS software to transmit this export file to your Bank or BACS service provider.
Transactions cannot be loaded into Remittance BACS for payment if this field is left empty on a Supplier record; however, you are prompted to complete this field if you attempt to save when the field has been left blank.
Bank Name
Enter the name of the bank to which the Sort Code relates.
IBAN Number
The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders.
SWIFT/BIC Code
The SWIFT Code is the unique identification code of a bank. If entered it must be 8 or 11 alphanumeric characters.
Additional Information
Currency BACS
Currency BACS transfers are supported. Both the IBAN Number and the SWIFT Code must be present if you wish to make currency BACS payments. If these details are not present, the payments will not be listed in the Remittances BACS list.
Payments to Building Society accounts
Payments to most Building Society accounts are made by specifying the Sort Code and Account number of the Building Society’s Head Office in fields one and two. The Payee’s account number is then specified in the Reference field. The Building Society should be able to advise you of all the relevant details.