ACH Posting Controls

Screen ID:	UACHCTL
Screen Title:	ACH Posting Controls
Panel ID:	5818
Tool Number:	113
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Access this screen by selecting Tool #113 ACH Posting Controls Config.

This screen is used to determine when warehoused ACH transactions are posted.

• IMPORTANT: If you are an Xtend SRS Bookkeeping client, please contact Xtend before making any changes to this configuration.

• CAUTION:Care should be taken when making changes to this screen.

  • Review thePosting Debits and Credits – Important Considerations topic for more information on considerations when posting ACH debits and credits.

• WARNING Same-day ACH requires that same-day items (credits and debits) must be posted on the day that they are received.

  • Refer to Posting Debits and Credits – Important Considerations

When are the ACH debits and credits posted?

For each ACH ‘Run’ at CU*Answers (which consists of retrieving ACH files from the Federal Reserve Bank, moving the transactions into your CU’s warehouse, and posting items with today’s effective date), you may choose to post credits, debits, both, or none, When setting your ACH configuration, please be aware of same-day regulations from the Federal Reserve Bank. Refer to NACHA guidelines for specifics.

Allow early post options

WARNING: Your CU may be responsible for any transactions that are posted prior to the effective date.

You have three options that determine when items will automatically post through an automated system. Read carefully the ramifications of each option below. To make a change, you must select Accept at the bottom of the screen. (See the confirmation screen that appears upon Accept for details.)

For more information about when ACH files are received, refer to Posting Debits and Credits – Important Considerations.

• (Optional) If you would like to post a specific company’s credits as soon after they arrive as possible, you can use either Allow early post/effectivedate override (credits only) for specific IDs. This allows you to set specific Company IDs to post early using the Early Post/Effective Date Override for Specific Company IDs feature. You will also have to indicate on the specific company ID on this screen that you wish to use this feature (for this single company ID) by checking the Post incoming transactions early/effective override box.

  • WARNING: If this selection is selected, no Company ID can be set to NOT to post early. You will not be able to turn this of on the Early Post/Effective Date Override for Specific Company IDs feature screen.

• (Automatic) You can select Post credits for all Company IDs immediately upon receipt regardless of effective date. This means that once the item appears in the warehouse, it will be posted (credits only.). (NOTE: This will not occur during Stand-in processing during beginning- and end-of-day.

• (None) IMPORTANT NOTE: If you choose Do not allow early post, only items with an effective date of today will be posted. Just choosing to add an additional posting to the day (such as activating credits in Run 3) does not necessarily make ACH items post any faster than they otherwise would because the posting process uses the effective (or “settlement”) date on the incoming ACH item.

  • You may also use the or the Extract/Post Single ACH Company feature if you would like to post single items early.

If you make changes to this screen use Accept (F5) to save your changes. Any change will cause a confirmation window to appear, and in most cases, a CUFMAINT record to be written. (See below for more information.)

CARE SHOULD BE TAKEN BEFORE MAKING CHANGES TO WHEN DEBITS AND CREDIT ARE POSTED.Learn more:Posting Debits and Credits – Important Considerations.

What happens when I change the "Allow early post" options to another selection? (Technical details)

If you make changes to the "Allow early post" options at the bottom of the screen, a record will be written to CUFMAINT indicating that the SYSCL table, column ACHDTEOVER was adjusted in most case, as indicated below. Below is also the message you will see on the confirmation screen and the actual record change in the file.

Selection Changes

• From optional to automatic: Message: ALL existing and future new ACH distribution records for ALL company IDs will be updated to force early post of credits. Change OVRIDDTE to Y on ALL ACHDST records. Write a record to CUFMAINT for the change to the config only. (See above.)

• From automatic to optional: Message: ALL existing/future new ACH distribution records for ALL company IDs will be updated to REMOVE the early post setting. You must manually change any Company IDs that should post credits early. Change OVRIDDTE to N on ALL ACHDST records. Write a record to CUFMAINT for the change to the config only. (See above.)

• From none to automatic: Message: ALL existing and future new ACH distribution records for ALL company IDs will be changed to force early post of credits. Change OVRIDDTE to Y on ALL ACHDST records. Write a record to CUFMAINT for the change to the config only. See above.)

• From none to optional: Message: You may now manually change any Company IDs that should post credits early. No change to any ACHDST records. No CUFMAINT record.

• From optional or automatic to none: Message: ALL existing and future new ACH distribution records for ALL company IDs will be changed to REMOVE the early post setting. Change OVRIDDTE to N on ALL ACHDST records. Write a record to CUFMAINT for the change to the config only. (See above.)