Hi Claudette,

Unfortunately you are not able to print vendor direct deposit forms in Sage Simply Accounting.  To find a full record of invoices that were paid in the vendor module, try the 'Vendor Aged Report'.  You can find the report by clicking on Report > Vendor > vendor aged, choose your vendor and put the dot in 'Detail'.

Hope this helps!

Hi,

I'm just browsing through the EFT notes that I've been seeing and sorting this out here as I've been giving some serious thought to cutting back on the manual cheques and going electronically but there seems to be some big drawbacks.

Have you heard of any move on having the EFT create/email a direct deposit stub similar to what payroll produces?  Does the Direct Payment allow for any notice either as opposed to using EFT?  I'm not sure how the electronic payment would save time/money if you have to manually send all payment details to a vendor, so just wondering if I'm missing something along the way?  Thanks.

 EFT direct will not cut a direct deposit stub but what you can do is direct deposit the employee in Sage Simply Accounting.  Now that information will not be automatically directly deposited to the employee, but it will be an available transaction in EFT Direct.  You can put that transaction into a direct deposit generation in EFT Direct and send that to your bank.  The good thing about choosing the direct deposit instead of the cheque is that you can print a direct deposit stub for the employee in sage simply accounting. 

Hope this helps!

Hi.

Thanks for the info, however we are already doing payroll and direct deposit stubs then EFT, that one is good to go.  It was the vendor payable's I was trying to get a record of the payment for.  If a vendor receives a deposit into their bank account, they will want the supporting documents to say what invoices are being paid, and everything I read so far says Simply does not provide a detail deposit statement for vendors, so to do so manually would take time that would essentially cancel out the majority of the benefits of just doing it the old fashion way.  It just seems to me that this is a bit of an oversight to not enable a direct deposit stub to be emailed automatically to a vendor for the payments, now 'that' would streamline a process, unless I've read something wrong along the way?

Thanks though, if you have any other ideas, I welcome them, I'm all for working smarter and not harder :)

Tanya

 The only thing I can suggest is printing a payment cheque form as a PDF file and attaching it to an email to send to the client.  You can always customize the payment cheque to say something like 'non-valid' on the cheque or something like that.  This is the first year we've done payment cheque direct deposits so we should come out with more features for it in the following program editions.

Thanks for the response.  I didn't realize this was the first year, so makes sense there are some items not quite tweaked yet.  I'll watch for it in upcoming editions/releases as I could see us using it if it was set up the same as the payroll with the ability to directly email stubs.  Looking forward to it :)

I have the same challenge as Tanya--notifiying vendors of payment by direct deposit is painstaking.  The suggestion to print to pdf the cheque payment would be great.....however, Simply "cannot print a direct deposit payment".  So until at least THAT is made possible in Simply, any other suggestions???