Loan Number

(AE4NBR)

This is the loan number connected to the ACH funds distribution. This is the loan number maintained by your institution.

Sequence

(AESEQ)

If more than one distribution was made to a loan account, this is the sequence number of the ACH funds distribution transactions. Zero (0) is the first transaction, 1 is the second, 2 is the third, etc.

For example, an account is opened and $2,000 is distributed into their account. The next month the account owner would like an additional $1,000, and so another $1,000 is distributed into the account. The Sequence number for the first transaction would be 0, and 1 would be for the second transaction.

Canceled

(AECACH)

In the rare occurrence where you need to cancel a transmission, you can cancel the ACH distribution but only if the funds have not yet been posted (a date is in the Date Posted column). To cancel the ACH transmission to this account, select the account in the list view table and click . The funds will not be distributed into the checking or savings account for that customer when the ACH transmission is pulled. The loan would still be opened, however. You would need to do one of the following:

•Choose a different method to distribute the funds (through GOLDTeller, Check Writer, etc.).

•Change the routing and account numbers to the new routing/account number the customer wants in the Recurring field group on the Loans > Transactions > EZPay screen. Then you would use the Miscellaneous > ACH/Wire > ACH Funds Upload screen to resend the funds.

•If the loan should just be canceled, retract the loan using the Retract Loan transaction (2800-01). See the Retract Loan documentation for more information.

Posted

(AEASPD)

This box is automatically checked when the system transmits ACH funds to designated checking or savings accounts.

See Option for Automatic Close when Transmission Rejected for more information on what happens if an ACH distribution is rejected.

Effective Date

(AEEFDT)

This is the date the borrower’s loan was created. It is for informational purposes only, unless this is a CSO loan or the funding was created using the ACH Funds Upload screen.

•For funding loans, this date is usually the same date as the Date Created, but can be different from the Date Posted, depending on when the ACH payment actually posted to the account. For example, if a borrower secures a loan after the ACH distribution batch cutoff time, the funding for the loan will be sent in the next ACH batch the following day, which may be the next day or the day after that if a non-processing day.

•For CSO loans only, the system pulls the ACH transmission according to this Effective Date.

Note: When ACH transmissions are sent depends on each institution. A special JCL is set up by GOLDPoint Systems that signifies when the system sends ACH transmissions. Some institutions send ACH transmissions once day, other institutions send ACH transmissions every five minutes throughout the day. Institution option ACOF designates the cutoff time for including a loan in the ACH transmission for the day. If a loan is funded after that cutoff time, it is included with the next day's ACH transmission.

See also:

•ACH Funds Upload

Amount

(AEACH$)

This is the amount of the ACH funds distribution that was deposited into the checking or savings account for this borrower.

Date Created

(AEDTCR)

This is the date the ACH funds distribution transmission was created. This is usually the same date as the loan was opened, or when additional funds were requested.

Time Created

(AETMCR)

This is the time of date the ACH funds distribution transmission was created.

Source

(AEDSRC)

This is where the source of the ACH funds were created. This can also be referred to as the place where the loan originated.

•"GTPC" refers to GOLDTrak PC.

•"WEBATI" indicates the loan was originated from your website and boarded into CIM GOLD using APIs.

•"GATEWY" means a third party originated the loans then boards them using GOLDPoint Systems' GOLD Loan Gateway application.

•"CNNNN" means the source for these ACH funds was uploaded from the ACH Funds Upload screen.

Cancel Date

(AEDTC)

If the ACH funds distribution was canceled (see Canceled above), the date the distribution was canceled is displayed in this column.

Date Posted

(AEDTPT)

This is the date the ACH funds distribution was pulled and sent through ACH to post into the checking or savings account for this loan.

Time Posted

(AEPTIM)

This is the time the ACH funds distribution was pulled and sent through ACH to post into the checking or savings account for this loan.

Date Modified

(AEDTLM)

If the ACH funds distribution was modified (the Canceled or Posted boxes are checked), this column displays the date the transmission was modified.

Modified By

(AEEMPX)

If the ACH funds distribution was modified (the Canceled or Posted boxes are checked), this column displays the employee number of the employee who modified the transmission.

Numbers 5611, 5621, 5711, 5721 indicate the change happened on your website (GAC), such as someone changing the routing and account number requested for ACH fund distributions.