Pre-requisites
Step-by-Step Guide
Navigate to the Vendor Master (Master Table -> Miscellaneous -> Vendor).
Locate the desired Vendor on the Vendor Alpha Search screen. Once located, click on the “ACH Settings” tab and the following will appear:
Specify the Vendor specific Bank Account information:
Field | Example | Description |
Pre-Note Sent: | Unchecked | (when pre-notes are sent, this checkbox will automatically be set. Uncheck this box to resend a pre-note. If you wish to skip the pre-note check this box) |
Pre-Note Date: | 00/00/0000 | (when pre-notes are sent, this field will automatically be set. If you wish to skip the pre-note, you may enter a date) |
SEC Code | CCD/PPD/CTX | (most commonly to corporate accounts, CCD (do not include addenda (detail records)) or CTX (do include addenda (detail records)) will be selected. For personal checking accounts, PPD is selected) The addenda records are the details of the transactions, such as voucher details for the payment. It does not hurt to set the flag to CTX -this means the detail will be included in the submission to the bank, however if the vendor does not subscribe to this type of detail from their bank, they just won't see it. |
Routing # | ######### | (the 9 digit ABA / Routing #) |
Account # | ######### | (up to 17 characters of the Vendors Bank Account #) |
ID #: | Optional | (Individual ID – Could be your Customer # with Vendor to assist them in correctly applying the payment). Implementation Guide, Page 24 |
Name: | Optional | (name of the Vendor if different then the Vendor Master name). |