Hello
Yes, in 7.4 we have added an ACH Remittance feature. Here is some information on it.
Print ACH Remittance in the Activities section of the AP module gives users the ability to print AP check batches with EFT (Electronic Funds Transfer) payment method. Typically when a user generates an EFT batch (also commonly referred to as ACH – Automated Clearing House), the system is designed to extract all the check information onto a file during post. The system generated file extract can then be submitted to any bank institution as a form of a check payment. During this file generation process however, the user does not have the ability to print a paper copy of the checks. The remittance screen enables users to print a paper copy of the posted ACH checks and since it is only a copy, a ‘*VOID*’ text will be displayed on the body text portion of the check printout.
The screen’s functionality is similar to the ‘AP Print Checks’ (Multiple Batch) screen where batches of system checks may be processed in one print run, as long as they share a common cash account. Other similarities include the following where users are able to:
- Select a check form type to determine the printed from layouts of the check and its detail lines.
- Select an overflow form type to determine the printed form layouts of the overflow check detail lines.
- Select a flag to allow printing zero amount checks.
Add check comments on the fly
Thank you
Cynthia Bolick
QA Sage 500 ERP
