Cash Management

Introducing Canadian bank files

Save time and pay Canadian vendors and employees electronically in Sage Intacct with the new bank file format.

We now support bank file payments for the following Canadian banks:

Royal Bank of Canada
Scotiabank

Learn more about electronic bank file payments in Sage Intacct.

How it works

Set up a Canadian checking account for bank file payments.
Set up vendors for bank file payments.

You can use the Vendor Update for Bank Files template to enable and update vendor bank information in bulk.
Set up employees for bank file payments if you pay employee expense reimbursements in Sage Intacct.

Then, select ACH or bank file as the payment method whenever you pay Canadian vendors and employees. Follow the bank file payment workflow to generate, upload, and confirm the payment.

Requirements

Subscription	Cash Management Sage Cloud Services
Regional availability	All regions
User type	Business user
Permissions	Accounts Payable Vendors: List, View, Add, Edit, Unmask bank details Cash Management Checking accounts: List, View, Add, Edit Time and Expenses Employees: List, View, Add, Edit
Configuration	Bank files are enabled in the following places: Sage Cloud Services subscription configuration Checking account for CAD payments Vendors with Canadian bank details Employees with Canadian bank details