Electronic payments from NZ myob to ANZ bank in NZ

Hi pivotprosper 

You need to put your bank account number into the GL account for the ANZ bank.

Then all your suppliers need a bank account number in the card file.

Then you process payments for each supplier ticking the box "Electronic payment" - then you prepare the electronic payment on the desired date required. This creates the file for the bank. Once you put the bank account number into the GL account - MYOB knows what type of file to create for each bank. Hope this helps.

I'm not sure how the Australian file works, but I would have thought it would be quite similar.

Hi pivotprosper,

Thank you for your post. I'd like to extend you a warm welcome to the Community forum. I hope you find it a great source of information.

Once you've set up electronic payments, you can pay your suppliers directly into their bank accounts. You'll do this by creating a bank file. From the prepare electronic payments window (this article is for Australian only, but you can also refer to this as it is the same process), click in the select column next to those payments you want to process. Then select Process (New Zealand). You can open the file in Excel and save it as a CSV file, or simply adjust the extension: bankfile.csv. You should be able to upload this to your bank. It's also crucial to reach out to ANZ Bank to obtain specific information on the file format and requirements they have for electronic payments.

I hope this helps! Please let me know if you require any further assistance with this. I'm happy to help.

Cheers,

Princess

Hi jenniek,

Thank you for providing such helpful information regarding pivotprosper's post. We appreciate your efforts in taking the time to actively engage and help others in the forum. Collaborative efforts like yours make our community forum a valuable resource for everyone.

Please feel free to reach out if you've got information or questions in the future. We're here to support each other.

Cheers,

Princess