Dynamics Community Forum Thread Details

AP EFT - Business vs Corporate

When setting up ACH for Accounts Payable, when doing the checkbook setup there is an option to map the ACH format to the account type. This allows one to assign PPD to personal accounts and CCD options to corporate accounts. The same screen further distinguishes business from corporate.

Why the further break out between business and corporate? I was under the impression that all business used CCD, or are there certain circumstances when they do not.

Please advise. Just want to clarify. Thank you.

Categories:

Microsoft Dynamics GP

Hi There,

The file format section can be used to further expand on deviations in the file format used by your specific bank. Microsoft is not able to certify which banks use which formats, due to liability reasons and also due to the fact that banks are ever-changing which formats they use, which makes managing that information impossible. Certain banks also may require specific fields that are not 'required' on the standard published format. Therefore, you must contact the bank directly to see what formats they will accept and provide you with a requirements document for the format they require. Then you will have to modify a format in the EFT File Format window in Microsoft Dynamics GP to see if the deviated field is possible or not. Contact Microsoft Dynamics GP for a consulting engagement if you need to have the file customized to pull information that is not readily available.

I hope that helps address your question.

Quick Links

Leaderboard