Loans > Loan Screens > System Setup Screens > ACH Upload GL Accounts Screen

Use the ACH Upload GL Accounts screen to enter your institution's General Ledger accounts that are used for distributing ACH funds to your customers' third-party bank accounts. General Ledger accounts must be entered on this screen before funds can be distributed.

Once G/L accounts are entered on this screen, you can choose any of the accounts on file when setting up an ACH transmission to be sent to your customers' third-party banks. Use the Miscellaneous > ACH/Wire > ACH Funds Upload to select the appropriate G/L account where funds will be debited from. The G/L accounts entered on this screen are displayed in the GL Descriptions list on the ACH Funds Upload screen, as shown below:

achgldescexamp

This feature is only available for institutions that use the recurring payment record (FPAE), and when accounts are set up for recurring payments on one of the following screens:

•Payment Information

•Signature Loan Details

•EZPay

You can distribute ACH funds directly into customers' third party accounts for a variety of reasons, such as:

•Returning any late charges or fee to an account owner.

•The account owner takes advantage of a promotion your institution is offering.

•A refund for an insurance cancellation.

•Funds for a referral the customer instigated.

For more information on the process of distributing ACH funds into your customer's accounts, see the Miscellaneous > ACH Funds Distribution and ACH Funds Upload screen help.

See the following example of the ACH Upload GL Accounts screen, followed by field descriptions.

lssauga_achuploadglaccts

Loans > System Setup Screens > ACH Upload GL Accounts Screen

Field Descriptions

Field	Description
ACH GL Upload Accounts list view	The list view table at the top of this screen displays any General Ledger accounts that have already been set up for ACH uploads. To create a new G/L account set up, click , and then enter information in the Description and GL Number fields. The Employee Number, Employee Name, and Date Modified columns display the last employee who made changes to these records. The Sequence column is needed if uploading an ACH file on the ACH Funds Upload screen. The Sequence number is the code number used to enter this G/L account. See help for that screen for more information.
Description Mnemonic: AGMX99	If you select a G/L account from the list view above, the description of that account is displayed in this screen. You can make changes to this description, and then click . If creating a new G/L record, enter the description in this field.
GL Number Mnemonic: N/A	Enter the G/L account number your institution wants to use for ACH transmissions in this field. The G/L account must already exist in your General Ledger system. If you enter an invalid G/L account, the screen will display an error provider . You must enter a valid number before the information can be saved. This is the G/L account where funds will be debited when ACH transmissions are sent to your customers' third party bank accounts. Use the Miscellaneous > ACH/Wire > ACH Funds Upload to set up the ACH transmissions and select the appropriate G/L account where funds will be debited from.

Field

Description

ACH GL Upload Accounts list view

The list view table at the top of this screen displays any General Ledger accounts that have already been set up for ACH uploads. To create a new G/L account set up, click , and then enter information in the Description and GL Number fields.

The Employee Number, Employee Name, and Date Modified columns display the last employee who made changes to these records.

The Sequence column is needed if uploading an ACH file on the ACH Funds Upload screen. The Sequence number is the code number used to enter this G/L account. See help for that screen for more information.

Description

Mnemonic: AGMX99

If you select a G/L account from the list view above, the description of that account is displayed in this screen. You can make changes to this description, and then click .

If creating a new G/L record, enter the description in this field.

GL Number

Mnemonic: N/A

Enter the G/L account number your institution wants to use for ACH transmissions in this field. The G/L account must already exist in your General Ledger system. If you enter an invalid G/L account, the screen will display an error provider . You must enter a valid number before the information can be saved.

This is the G/L account where funds will be debited when ACH transmissions are sent to your customers' third party bank accounts. Use the Miscellaneous > ACH/Wire > ACH Funds Upload to set up the ACH transmissions and select the appropriate G/L account where funds will be debited from.