EFT (Electronic Funds Transfer) is a Sage 50 application used by organizations or individuals to transfer or receive money from one account to another. Before starting using EFT, customers have to make arrangements with their financial institution to request a user number (sometimes called a user ID number, originator number, or organization or customer number). When all those information are in your hands and your company profile is created in EFT, you will have to generate a file and send that to your financial institution. Sometimes people are not able to locate the file that was generated on their computers, and by default, Sage 50 EFT will generate the file in the working directory C:/Program Files/EFTSIMPLY/DATA. When you try to upload the file to the bank, browsing to that folder, you might find it empty! There is nothing to worry about as the file was generated, but because of some Windows securities, it’s hidden in what is called “hidden files and folders”. To avoid having that issue, there are 2 things that can be done upfront:
- Even though the program is installed by default under C:/Program files/EFTSIMPLY, while creating the company, we can change the working directory outside of Program files for example to C:/EFTSIMPLY/DATA.
- The second option will be to install Sage 50 EFT outside of Program Files, for example C:/EFTSIMPLY.
If EFT for Sage 50 is already installed and your company profile is created using all default paths, you have also 2 options:
- Create a desktop shortcut on your Data folder using this path: C:/User/<Computer Name>/AppData/Local/Virtual Store/Program Files(X86)/EFTSIMPLY, and from there make a right click on DATA folder and select “Send to – Desktop Shortcut”
- Close Sage 50 EFT, and move DATA folder outside of the virtual folder for example move it from C:/User/<Computer Name>/AppData/Local/Virtual Store/Program Files(X86)/EFTSIMPLY to C:/EFTSIMPLY/DATA, then open Sage 50 EFT. You will have an error message on the working directory and it will open Sage 50 EFT company maintenance window. From there you can select the folder to be C:/EFTSIMPLY/DATA and Save.