The software is now enabled to allow end clients to make payment to individual insolvency accounts via Bpay (from bank account or via credit card) or customer initiated direct debits via bank accounts.
Payment instructions may be issued to individual payers via an invoice. The invoice is created within Insol6 with a unique reference for the outstanding amount to be paid. Upon payment this outstanding amount is able to be automatically allocated and receipted within Insol6.
Ensure you have a DEFT agreement in place and settlement accounts with Macquarie Bank.
Establishing a DEFT agreement (if you do not have one)
To establish a DEFT agreement, contact your relationship manager at Macquarie Bank.
If you do not have accounts with Macquarie Bank and would like to discuss the above functionality please contact 1800 442 370 to speak to a Macquarie client services representative.
You will be able to tell banking integration is activated, because the account register will show an indicator on integrated Macquarie accounts:
Enter your static BPAY Biller Code in Manage Static Data > Banks. Select the bank to maintain and enter the code under BPAY Biller Code.
You need to select either "integrated payments enabled" or "DE File creation Enabled".
Enabling a bank account for DEFT
To enable a bank account for DEFT, follow these steps:
- Open the bank account edit form
- Select the "Banking Details" tab
- Select "Macquarie Bank"
DEFT is only available with Macquarie
- Turn on DEFT, by checking the "Enable DEFT" check box
- Click "OK"
The account is now enabled to receive DEFT payments (BPAY and customer initiated direct debit).
When printing accounts receivable invoices and selecting the "show banking details on invoice" option, the payment details will now automatically populate on invoices.
Note for support
This is the update script that applies the bank settings:
Update Bank Set IBFlags = 1047 where code = 'mbl'