Supplier profile - ABA File Lodgement Ref

Question

I am about to commence using ABA lodgements for payments for our suppliers. I notice in the supplier profile that there is a "ABA File Lodgement Ref" box under the banking details.

What goes there? The suppliers account number (which already appears under the Additional Info tab) or something else?

Acctd4 · Answer

Hi @Therese R

Yes.  Unfortunately, the only database info brought across with the ABA file is what is entered there 😬

Therese R · Answer

Thank you Shaz for explaining this. I was thinking it was the account number for the supplier but that had already been supplied in the Additional Info tab. Maybe the ABA lodgement doesn't bring that field into he file? Yes it would be annoying to put the invoice number in that field each payment so I won't be doing that. I will try putting the account number in there and see how it transfers across. I am sure the supplier will let me know if the reference is not correct.

Acctd4 · Answer

Hi @Therese R

This is for any reference/description required by that supplier eg often with their bank details, they will specify to use a particular notation with your payment, for identification.  Unfortunately, this is often the invoice number though, which obviously changes each time (meaning you would need to update it here in their record before creating each ABA file 😬)

However, yes, it's handy if you have an allocated (trading) account number with that particular Supplier, to use that ☺️