Configure an ACH bank record

To pay vendors or employees using standard ACH, first set up at least one bank on the ACH bank configurations list. This ACH bank record determines how payments are issued from your bank.

Before you start

Contact your bank to get their ACH payment specifications. They will send you details about how to format your standard ACH payments. This information is often in a document called an ACH specification sheet. When you receive this information from your bank, enter that information on the ACH bank configuration page.

The field names on the ACH bank configuration page reflect ACH terminology, making it easy to map the information on your bank's ACH specification sheet to the bank configuration record.

Configure the bank record

Subscription

Cash Management
User type Business, Employee
Permissions

ACH banks: Add

  1. Go to Cash Management > Setup > More and select Add (circle) next to ACH bank configurations.

  2. On the ACH bank configuration page, enter a unique ID for the bank in the ACH bank ID field.
  3. Complete the remaining fields on the page using the specifications given by your bank.

Next steps: Set up a and enable vendors for ACH payments.

Field descriptions

The following is a table of the fields on the ACH bank configuration page.

ACH bank configuration page field descriptions
Field Description

ACH bank ID

A unique ID for your bank. This ID can be any name that helps you identify the bank, such as "Wells Fargo." You'll use the ACH bank ID to associate this bank record to a .

Enter up to 20 characters.

Immediate destination name

The name of your bank, as specified by the bank.

Enter up to 23 characters.

Immediate destination ID

Typically, this is your bank's routing number.

Enter up to 9 characters.

Immediate origin name

Your company name, as specified by your bank.

Immediate origin ID

Your 10-digit company number, including hyphens, as specified by your bank.

Reference code

Find out from your bank whether to leave this box blank, or how to fill it in. You can enter up to 8 characters.

Status

The default status is Active. You can deactivate this bank record by selecting Inactive and selecting Save.

Include EOF marker

Select only if your bank expects a carriage return at the end of the ACH payment file.