How do I set up a Direct Payment Link?
If you use Xero and FastNet Business, you can save time and reduce errors with Direct Payment Link. It lets you enter the details of your bills in Xero, and then send them as a batch payment to FastNet Business, ready to authorise.
It's easy to set up, and eliminates the need to re-key details or download and upload text files.
Before you start
Be sure you've set up your ASB accounts in Xero. It's easy to do. For details, see Xero's help article on setting up new accounts.
Setting up Direct Payment Link
Once you've logged in to FastNet Business:
1. Go to Administration.
2. Then 'Client'.
3. Then 'Accounting Set Up'.
4. Choose 'Xero' from the pull down menu.
A list of your accounts appears. Those that support Direct Payment Link will have a tick box next to them, ready to select.
5. Choose the accounts you normally use for outgoing payments. You'll need to have your transaction feeds selected as well.
6. Confirm you're happy to activate Direct Payment Link.
You'll then be asked to log on to Xero to complete the connection. That will only take a few seconds.
Creating payments in Xero
When you have bills loaded in Xero, you can select the ones you want to pay, and click the 'Batch Payment' button.
You’ll have the opportunity to update each payment line’s reference details, and then send them directly to FastNet Business as a single batch payment.
Your payments will automatically appear under 'Unsent Payments' in the FastNet Business payments section. You can review, authorise and send them all from there or the ASB Mobile Business app.
Problems?
If you've run into any issues on the ASB side, just give our FastNet Business help desk a call on 0800 22 55 27. If you have any Xero issues, it's best to contact them directly via their support page .
Related Answers
-
Our account feeds can send your ASB transactions to Xero every day, automatically. If you use FastNet Business, here's how ...
-
Direct Payment Link lets you set up batch payments in Xero, and send them for authorisation in FastNet Business or ...
-
FastNet Business enables you to set up daily automated transaction feeds to your accounting software package (such as Xero and ...
-
If you use Xero and FastNet Business, you can save time and reduce errors with Direct Payment Link. It lets ...
-
Our account feeds can send your ASB transactions to Xero every day, automatically. If you use FastNet Classic internet banking, ...
-
Yes you can. ASB offers an automated Bank feed between our systems and Xero/MYOB . Because your loan repayments are ...
-
You can save time and reduce double handling with your budgeting, reporting and forecasting by integrating cloud-based software like Xero ...
-
You can add any ASB account to your FastNet Business site with the correct authority. This includes NZ domestic accounts, ...
-
ASB has two internet banking platforms – FastNet Classic and FastNet Business. Most customers manage their personal banking with FastNet ...
-
To view your Foreign Currency accounts on FastNet Business you must complete the FastNet Business Change Request form to apply ...
