NedExec

Nedbank NedExec Screen

Figure 1

EFT type – Identify the type of payment used. May only be “PRE-FORMAT”. This is determined by the contract made with the bank.
Transaction type – Identify the type of transactions. May either be “SUPPLIERS” or “SALARIES/PENSION”.
Debit line no –  This is a ten character numeric field and may not be zero.
Seed number –  This is a free format 32 character field and is mandatory (may not be left blank).

PRE-FORMAT

There is one extra detail required when using this BTS bank format with the “PRE-FORMAT” setting in Figure 1. When maintaining the Supplier and/or Cash Book beneficiary in SYSPRO, if the “Credit Line (NED)”  has not been captured, as per highlighted field in Figure 2:

Capture the Nedbank BENEFICIARY REFERENCE number in EFT USER-DEFINED FIELD 1 for the relevant suppliers. In the Setup/Financial/Electronic Funds Transfer “User Defined” tap setup (See Figure 3 below), you may rename this field to for example “Credit Line (NED)” as per the example in Figure 2 below.
This beneficiary reference number MUST match the number captured in the Nedbank software.

Figure 2

Figure 3

The following error as per Figure 4 will be seen if this EFT USER-DEFINED field 1 has no entered value:

Figure 4

This BTS Bank format is available for the following SYSPRO Nationalities:

• RSA (Republic of South Africa)

NedExec(Nedbank)