AnsweredAssumed Answered

How to properly post EFTs

Question asked by kpratt on May 2, 2017
Latest reply on Feb 22, 2018 by mrgrenier

Our office is considering accepting EFTs. I did try to set up an EFT payment code, but it is not showing up on the A/R report.  The EFT code listed says it is for ePostings and we do not subscribe to ePostings.  Please help with the set up of this payment code so that it will show up on reports.  


I would also like to ask other offices how they have set up the acceptance of EFTs.  Do you have a dedicated bank account for EFTs? Is the payment posted to a patients account before being reconciled with the bank account? Is there a transaction number associated with each EFT? Any tips or hints would be helpful.




(moderator edit: updated Description, changed to question, added search terms electronic funds transfer)