Forum Discussion

mumow's avatar
mumow
Experienced Cover User
4 years ago

ABA files for Direct Debit

Is there any advancement to create an ABA file for Direct Debit? Our customers are charged monthly with Bank authorisation to Direct Debit their individual Bank accounts for services within a specified period. The ability to directly create an ABA FILE for this purpose through MYOB, to upload to the Bank, would prove extremely efficient.

2 Replies

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  • IanChait's avatar
    IanChait
    Ultimate Cover User
    4 years ago

    mumow 

     

    Why not use the new direct debit funcionality in online invoice payments?

     

  • mumow's avatar
    mumow
    Experienced Cover User
    4 years ago

    The new function you mentioned is unfortunately very restrictive and only appears useful for repetitive amounts, as with subscriptions - not changing invoicing. We have clients that direct debit fortnightly and we require the ABA facility to upload the payment file to our bank. It would save a huge amount of time if the file could be uploaded directly from MYOB, as is the case with Payroll, but to debit the client account. In this day and age, it is another important component of a CASHLESS business, that requires addressing.

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