The EFT (Electronic Funds Transfer) Identify Rejections and Corrections procedure can be run at the user’s discretion to identify EFTs that either failed or succeeded but require corrections for future transactions. EFT failures, when they happen, usually do not occur immediately, so we need a way for the end user to check periodically for failed EFTs. This procedure will call Sage’s online tool that identifies rejected EFTs and EFTs in need of correction and then spool that data onto a Team Approach report: EFT Rejections and Corrections job.

Note that this will not include records that were rejected by Sage immediately. Immediate Sage rejections will create a reject batch the same way that Charge Processing does. In other cases, Sage does not know there is a problem until it gets a rejection notice from the bank and this is usually not immediate but within 3-5 business days. This delayed reject is what the EFT Identify Rejections and Corrections procedure is for.

Also note that you need to run EFT Identify Rejections and Corrections job (procedure) to get updated data, not just the EFT Rejections and Corrections Report (not found in the menu; only available through Schedule Admin). No matter the date range you use on EFT Rejections and Corrections Report - it is not sending a call to Sage so it can only get the data from the last time you ran the full job.