ACH – Receive Transmission
|
|
| Screen ID: | RACH-01 |
| Screen Title: | ACH Transmission |
| Panel Number: | 5505 |
| Reports: |
PACXTB, PACXTB2, PACXTB3, PACHD2, PACHD3, PACHD |
| Accessed by Tool Number: |
5239 |
This screen is used to receive an ACH Transmission from the Feds or a third-party vendor. The transactions are translated to the file ACHSUS (ACH warehouse file) in the credit union’s FILExx library. The warehouse file (also called the ‘suspense’ file) stores the transactions until they are ready to be posted to the member accounts. This file may contain items which have a settlement date in the future, and thus are not typically posted until a later date.
Enter an ACH Transmission date and use Process Now to receive and translate incoming ACH items to the ACH warehouse file.
Use Exit to return to the home page.
Field Descriptions
|
Field Name |
Description |
|
ACH Transmission date (MMDDYYYY) |
Default ACH transmission date. |
Buttons
|
Field Name |
Description |
|
Exit |
Use this to return to the menu. |
|
Process Now |
The debits and credits are calculated, and a screen prompt will display total debits and credits of current day’s transaction file. Once the file has been verified, check the ‘File in Balance’ button. PRECAUTION: If the ACH file isn’t in balance, do not check the ‘File in Balance’ button to prevent erroneous transactions. This is the recovery procedure to help prevent duplications when the wrong ACH file is uploaded. If the ‘File in Balance’ button was selected and the file is out of balance, please contact Client Service Department for assistance before continuing. |
Report Samples
PACXTB- Automated Clearing Transactions (“Trial Balance”)
PACXTB2- Automated Clearing Transactions: Death Notifications
PACXTB3- Automated Clearing Transactions: Pre-Notifications
PACHD2- ACH Origination Returns and Notice of Changes
PACHD3- ACH New Companies and Individual Accounts
PACHD- ACH Suspense Update Exception Report (page 1); ACH Settlement Report (final page)
final page
