The PSU will just have a pair of output terminals for power, plus tamper, battery good and AC good outputs.
Just spread the load appropriately between the AUX terminals on the panel and the power terminals on the external PSU, and make sure you have a common 0V between the two.
I cannot remember if the Veritas Excel lets you program the auxiliary input as 'PSU Monitor' or not, but you can usually link the AC good/battery good/tamper terminals with 2k2,4k7 and 10k resistors on Texecom panels to get external PSU diagnostics on the panel.
edit: too slow