...
- Individual User Account Details:
- Effective Date
- Account number
- Routing Number
- Employee ID
- Bank Name (if available)
- Account Type (Checking or Savings Account)
What is DATABASICS' ACH ID?
DATABASICS' ACH, or Originator ID is 1541358774
Will all Expense Reports have to go through ACH for payment? Can we have a question or a rule that determines if the ER will be paid by AP or ACH?
...
Step | Process Description | Frequency | Scheduled Time | Comments |
|---|---|---|---|---|
1. | ACH file extracted from DATABASICS via Profiles | Manually triggered or scheduled per client preference | Manually triggered or scheduled per client preference | Picks up "Approved" expense reports that have not yet been previously processed for ACH payment |
2. | Extracted files sent to the bank for processing | Daily | 11:00 AM EST | |
3. | Payments processed and money transferred to the user's account | 3-4 Business Days from the day when the extract was run |
...