Recording ACH Payments

Recording ACH payments includes identifying the outstanding invoices and miscellaneous expenses you want to pay, along with providing your ACH processor with that information.

To record ACH Payments

1. Enter one or more payments in TireMaster AP Payments, easy checks, or Check Reconciliation screens. When you enter the payments, do the following:

Select the payment account for ACH payment
Clear the Print Checks check box before you complete the payment.

For more information, see Generating AP Payments, Easy Checks, or Making Payments from a Bank Account.

2. Generate a list of payments for the ACH processor to make. For more information, see Generating a Payment List for Your ACH Processor.

3. Withdraw the payment total from your bank account for paying bills and deposit that amount in the payment account for tracking ACH payments. This transfer will adjust the balance of the bank account for paying bills and reset the balance of the ACH payment account to $0.00. For more information, see Transferring Money to Another Bank Account.

Note: If you want to remove the entries for the completed ACH payment and transfer from the Check Reconciliation screen, complete the following steps. Change the status of each pay entry and the transfer entry to cleared (double-click in the C column), and click Reconcile. Then make sure all of the balances are $0.00, and click OK.