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Defining Bank Transaction Codes. Transaction codes represent the various bank transactions you will use in the Accounts Payable and Accounts Receivable applications. You define transaction codes for types of payments, such as checks or bills of exchange, or for bank services, such as deposits or service charges.
ACH Direct Payments and Deposits. Non-restricted CPA Transaction Codes. Â®Registered Trademark of Royal Bank of Canada June 2009. You may use any of these CPA codes in your input file, without restriction by RBC Royal Bank. Consumer Pre-Authorized Transaction Codes used for Debits or Credits. Tran Transcription Tran Transcription.