APEFT - Sandler*Kahne Software, Inc.

AP ELECTRONIC FUNDS TRANSFERE-BANKINGProjectsManufacturingAPEFT provides automatic funds transfer from your Microsoft Dynamics SL A/Pchecking account(s) to your vendors’ bank accounts. As part of the growingeBusiness functionality of Microsoft Dynamics SL, this EFT product simplifies thepayment process within your organization. Whether you are paying employeeexpense reimbursements or streamlining your vendor trade payments,Sandler·Kahne Software’s APEFT is the solution you’re looking for.BenefitsThe APEFT module can eliminate the time consuming process of printing, signing,stuffing and mailing A/P checks. You can quickly select your EFT vendors’vouchers, post them to Microsoft Dynamics SL, electronically transmit them toyour bank and automatically send them an email notification. What had takenhours, now takes only minutes. Your vendor’s banking information is automaticallymerged with your Microsoft Dynamics SL A/P payment selection and theEFT file is automatically created and sent.Multi-Company/Multi-AccountWhether you use a single database or multiple databases for multiple companies,APEFT can handle the job. Payment selection for a single account ormultiple accounts within single or multiple companies is fully supported.Designed For MicrosoftDynamics SLFinancial Series:Other modules in theeBanking Suite:Wire Transfer PlusPositive PayAREFTLockbox ProcessingMultiple File FormatsFor use in the US, APEFT creates NACHA standard files. This standard insuresthat funds transfer will work seamlessly with all US banks. For use outside theUS, see Wire Transfer Plus.EFT setup options allow for easy one-time configurations to match your bank’srequirements. Other standards fully supportedare:EFT test filesOptional pre-notificationMultiple transmissions in one dayBalanced or unbalanced filesMixed debits/creditsMulti-batch supportWhen sending EFT, Wire orPositive Pay files, simplyselect the batch(s) - appropriatefiles are created andtransmitted to your bank.SANDLER • KAHNE SOFTWARE www.sksoft.com . . . . . . . . . . . . . . . . . . . . . . .

eBanking SecurityAccount Number Approval helps you protect yourself from unauthorized changingof your vendors’ bank account numbers. Amount Approval gives you theability to set dollar limits and require one or multiple approvers to release fundsabove those limits.Automatic eMail NotificationFor APEFT, Wire Transfer Plus, andAREFT, Internet email notification canbe set up to automatically inform yourvendors and customers of their EFTpayment or debit. Detailed voucheror invoice information, along withtotally configurable email text, subject,from/to and other options, providesfor custom crafted messagessent to your vendors and customers.Where you are paying a large list ofvouchers for a vendor, that list maybe provided as an attachment to theemail.Optionally notify your vendors or customersvia email (EFT and Wires)Multiple Entry ClassesBuilt with flexibility in mind, APEFT includes a range of ACH Entry Classes (US)to support your specific EFT requirements.PPD – employee expense reimbursementCCD – corporate trade paymentsCCD+ – CCD w/ remittance informationCCD+ – Child Support PaymentsCCD+Tax – State/Federal tax paymentsFor use outside of the US, SK’s Wire Transfer Plus module uses flexible PaymentCodes or Transaction Types are configurable by country and/or bank. TheseEntry Classes and Payment Codes are defined for each Vendor.Flexible CommunicationsThe eBanking Suite streamlines processing through various communication options,beginning with full browser/FTP support. The process of creating andsending the EFT file to your bank is just a few mouse clicks away. Additionally,if your bank requires login and/or complicated interaction, scripting support canautomate the process. Scripting will also support situations where your bankrequires you to use their communications software.APEFT delivers theseadditional features:Does not use anintermediary clearinghouse…deal directly withyour bank.Multiple Company/CheckingAccountsState and Federal taxpaymentsFlexible EFT summarizationoptionsOptional workflows - Computeror Manual checksSANDLER • KAHNE SOFTWARE www.sksoft.com . . . . . . . . . . . . . . . . . . . . . . .

Seamless AP IntegrationSimply by segregating EFT vendors from computer check vendors, the EFT processworks identically to the normal A/P Check batch flow. This segregationprocess is automated with the Payment Selection Filter application – part of EFT.The Payment Selection Filter can place EFT transactions in Computer or Manualcheck batches, depending on setup options. All EFT transmissions are recordedin Microsoft Dynamics SL and your vendor history can show the payments madevia EFT (vs. check).BUSINESS ISSUESSome employees areUS citizens, others arecitizens of other countries.HOW THIS FLEXIBLE PRODUCT CAN HELPUse the Multi-File Format and Multi-Company FeaturesWhether in one database or in multiple databases, employees/vendorscan be paid in the correct format for their bankingsystem, and the banking information can come from differentchecking account/subaccounts. APEFT addresses therequirements for US payments, Wire Transfer Plus handles thenon-US payments.APEFT Features (cont’d):Pre-notification withautomatic approval feature(US)Multiple user-definedHeader/Trailer recordsOptional file block fillSecurity on EFT files andscriptsUser configured CCD+support (US)ArchivingVendors would like toreceive notification oftheir EFT creditYou need to providerapid payment for youremployee expense reimbursements.How do I transmit myEFT transactions to mybank?State and Federal taxingauthorities are requiringelectronic payment.Use the eMail Notification feature or mail/fax remittanceFor E-mail notification simply set the Vendor specific e-mailoptions. After the EFT file has been transmitted, automaticallysend e-mail notifications – with one click of the mouse! Printremittance advices as part of the SL “check” processing.Use PPD Entry Class (US)Set up your employees as vendors and use the PrearrangedPayment and Deposit (PPD) to pay these reimbursements viaEFT.Use Browser, FTP, or User CommunicationsAP.EFT supports numerous communications options. Themost common are Browser and FTP uploads. In all cases,simply create the EFT file and transmit directly to your bank –“point and click”. If your bank requires their software on yourcomputer, that too is supported.State and Federal Tax Payments (EFTPS) support (US only)Standard and user defined state and federal tax payment formatsare fully supported (using CCD+ tax payment). Simplyvoucher your tax payments and then send them via EFT.Available on these MicrosoftDynamics SL versions:2011, 7.x, 6.xSome vendors wantremittance information(FEDI), others do not.How do I know whethermy vendor was paid viacomputer check orEFT?We require 2 signers onchecks over $10,000.How can I do that withAPEFT?Financial EDI Support (FEDI) (US only)By vendor, you can specify any of the supported Entry Classes.With CCD+, the RMT or RMR data segments of the 820transaction set can be included to provide electronic remittanceinformationUnique numbering sequence for EFT’sAll EFT transactions are recorded in Microsoft Dynamics SLidentically as computer checks. By using a unique numberingsequence for your EFT payments, it is very easy to distinguishcomputer check vs. EFT payment.Multiple Levels of Approvers!You can designate a list of approvers who can approveamounts at two levels, then specify how many approvers arerequired to release payments above those levels.11140 Rockville Pike, #299North Bethesda, MD 20852Voice: (301)963-7300 x117Fax: (301)560-4984Email: sales@sksoft.comWeb: www.sksoft.com© Sandler·Kahne Software, Inc.2000-2011 all rights reservedAll features/functions mentioned within thisdocument are subject to change. Thisdocument is for informationpurposes only. Sandler Kahne Softwaremakes no warrantees, express orimplied, in this document.Revised 3/29/2011SANDLER • KAHNE SOFTWARE www.sksoft.com . . . . . . . . . . . . . . . . . . . . . . .