How to change your SEPA bank account in SFM

How do I change my SEPA bank account?

To change your SEPA bank account:

  1. Go to Support > Bank Accounts Details.
  2. Select the bank account you to which would like to assign the SEPA details.
  3. Next, click on the Details tab from the top menu and then the Edit button from the left-hand menu.
To create an entirely new bank account with SEPA capabilities, click on Insert record from the Bank Accounts tab and insert information accordingly.

    • Related Articles

    • Setting Up SEPA v9

      Before proceeding, please ensure you are using the latest version of SFM. Most banks will begin processing live transactions using the new SEPA file format (version 9). If you're on the latest SFM update, BOV, HSBC & CBM (Central Bank of Malta) SEPA ...

    • The bank rejected my SEPA file. What do I do?

      Most SEPA file rejections are due to the processing date being past the submission date or, in some cases, past the cut-off time. In such cases, a SEPA file can be re-issued with a new date that will allow the bank to process the file. To re-issue ...

    • How to Process a Bank Reconciliation

      Learn how to run a bank reconciliation in SFM in the video below. You can also refer to the instructions written below the video. Starting the bank reconciliation process To begin the bank reconciliation process, click on the Bank Reconciliation ...

    • How to change SIMS login password

      To change the user's SIMS password, go to Admin > User accounts. Select the user and press on the Change Password button. Type in the new password and press Save:  Related Articles: How to create strong login passwords

    • How to setup a System Control Account in SFM? (Bank Account, Cash Account, Stock Control, etc...)

      Create the Account in your Chart of Accounts as seen below. Please make sure you use the code depending on your Heading and Sub-Heading digits. After creating the account, you need to specify the account as a System Control Account. Go to Support > ...

    • Recent Articles

    • How to generate a Report by Transaction Type and Analysis Code

      Generating a Report by Transaction Type in SIMS Navigate to SIMS > Reports > Miscellaneous > Analysis Code. From this screen, select the desired Transaction Type to apply as a filter. If a summarized version of the report is required, tick the ...

    • How to Set Off a Client / Supplier

      The Set Off functionality in SFM allows you to offset outstanding balances between a client and a supplier when the same entity exists in both roles. This feature is particularly useful when a company has pending sales invoices due from a client, ...

    • Exporting or Importing Documents in Windows App

      Using the Correct Redirected Path When connected through the AVD Windows app, you must export or import files using the redirected drives. Internal AVD paths (such as C:\Users or Desktop inside the session) do not allow saving and will cause ...

    • How to Activate Advanced Commission

      Advanced Commission Overview The Advanced Commission feature provides the ability to customize commission settings for all salespersons within the system. Enabling Salesperson Commission To activate this functionality, navigate to: SIMS > Admin > ...

    • How to Delete a user on SIMS

      Note: We do not recommend deleting a user from SFM for audit and compliance purposes. Example: If you have a user with the initials JD (John Doe), and that user has previously submitted entries as shown below, deleting the user will remove the ...

    • Popular Articles

    • How do I process an End Of Year in SFM?

      Overview SFM allows posting into two financial years simultaneously. This means that users do not need to finalise 2025 before starting to post entries into 2026. The end of year procedure will move the “Current Year” data into the "Previous Year". ...

    • Do I need to Process an End-of-Year in SIMS?

      SIMS does not require an end of year procedures to be run. However, SIMS controls users to only allow posting of transactions, such as sales invoices, cash sales, adjustments and purchases, within a range of dates referred to as the Posting Period. ...

    • How to setup a System Control Account in SFM? (Bank Account, Cash Account, Stock Control, etc...)

      Create the Account in your Chart of Accounts as seen below. Please make sure you use the code depending on your Heading and Sub-Heading digits. After creating the account, you need to specify the account as a System Control Account. Go to Support > ...

    • How to reset your Shireburn remote desktop service (RDS) account password

      The password for the Shireburn RDS Account used to connect to RDS server is set to expire after 90 days. A notification is provided to the user daily starting 5 days prior to the expiry date. In order to change password, the following steps need to ...

    • SIMS - User Manual

      The attached PDF includes the necessary functions and features of SIMS to get you started. SIMS User Manual.pdf