Banking is the third section in the Cost Centre File and allows you; 

👉 If FAST-Bank is selected in the Organisation, to define the Banking Details for this Cost Centre.

BSB allows you the enter the Bank, State, and Branch (BSB) Code for the required bank account.

Account Number allows you the enter the Account Number for the required bank account.

Account Name allows you the enter the Account Name for the required bank account.

Name of Remitter allows you to enter the Name of Remitter, who is the person who will be uploading/approving the FAST-Bank File.

APCA ID allows you to enter the unique six-digit number identifying your companies that are approved by financial institutions to use the system. This ID is obtained from your financial institution.

Transaction Code allows your to enter the unique identifier issued by your financial institution to identify the transaction being made. By default, this is set to 53; however, it may be updated as your financial institution requires.

Description allows you to update the Description displayed for your Bank Statement. By default, this is set to Payroll; however, it may be updated as you require.

Self Balancing Transaction allows you to set whether the ABA File requires a Self Balancing Transaction Line. Please confirm this with your Financial Institution.

Short File Name allows you to set whether a Sort File Name is required when uploading to your  Financial Institution. Please confirm this option with your Financial Institution.