Overview

Treasury Software supports the creation of TD Bank (Toronto-Dominion Bank) Canadian EFT files using the CPA-005 standard. Businesses can generate both 80-byte CPA-005 files and 1464-byte CPA-005 files for electronic payment processing through TD Bank.

Table of Contents

1. Overview
2. TD Bank Supported File Layouts
3. Step-by-Step: Generate a TD Bank EFT File
4. Frequently Asked Questions (FAQs)

TD Bank Supported File Layouts

CPA-005 1464-byte File

• Supports both debits and credits in same file
• Default setting in ACH Universal Online

CPA-005 80-byte File

• Debits and Credits must be in separate files
• To turn on 80-byte setting:
  • Go to 'EFT Setup'
  • Choose 'TD Bank' from the bank options
  • Fill out company information
  • Click 'Save'
  • Go to the 'Advanced' tab
  • Choose 'Bank Specific'
  • Enable the 80-byte option
  • Choose either import Debits or import Credits
  • Click 'Save Changes'

Step-by-Step: Generate a TD Bank EFT File

Step 1: Canadian EFT Setup

From the Home screen, select the 'Canadian EFT Setup' tile.

Step 2: Choose TD Bank from Canadian bank options

Use the dropdown button to choose TD Bank. This will pre-populate TD Bank specifications, such as the Destination Data Centre. 

If you are creating a CPA-005 1464-byte file, continue to step 3.

If you are creating a CPA-005 80-byte file, see the instructions above on enabling the 80-byte format.

Step 3: Enter Company & Banking Information

Complete the following fields:

• Short Company Name (many banks require all capitalized letters and no spaces)
• Long Company Name
• TD Bank Account Number
• Originator ID (provided by TD Bank)
• Financial Institution Number 

Step 4: Set the File Creation Number (FCN)

Production Files

For production processing:

• The File Creation Number of the first production file must be 001
• FCN must be sequential
• ACH Universal Online automatically increments the FCN after each file.
• If you create a file, but do not submit it, remember to reset the File Creation Number
• If you need to reset the File Creation Number:
  • Click 'File Creation Number' in the left navigation menu.
  • Enter the desired number.
  • Click 'Save'.

Step 5: Create Your EFT File

Continue with the Canadian EFT file creation process using:

Getting Started with Creating Canadian EFT Files

Frequently Asked Questions

1. Does Treasury Software support TD Bank EFT files?

Yes. Treasury Software Online supports the creation of TD Bank-compatible CPA-005 EFT files, including both 80-byte and 1464-byte formats.

2. What is the difference between the 80-byte and 1464-byte EFT files?

Both formats are based on the CPA-005 standard. The format required depends on your TD Bank treasury management setup and bank requirements. Contact TD Bank if you are unsure which format your organization should use.

3. Can I create TD Bank EFT files from QuickBooks?

Yes. Treasury Software Online can create TD Bank CPA-005 EFT files from QuickBooks and other supported accounting systems.

4. Can I generate payroll direct deposit files for TD Bank?

Yes. Treasury Software Online can be used to generate TD Bank EFT files for payroll direct deposits, subject to your bank's setup and approval requirements.

5. Can I create TD Bank vendor payment files?

Yes. TD Bank CPA-005 files can be used for accounts payable and vendor payment files.

Need Help?

Still have questions? Contact Treasury Software Support or visit www.treasurysoftware.com for personalized assistance.