ACH Universal enables you to create a balanced file, also known as a file with offset records.
To enable balanced files (offsetting records), click on ACH Setup and proceed to the 4th screen
(by clicking through the Advanced Setup).
Check the box, enter fields noted below and click Finish.
About Balanced Files
Typically, an ACH file contains only the transactions that you specify.
Example: If you have to pay five contractors each $1,000, the file will contain the five 'Credit' transactions--one for each payment. Your bank knows to debit your account for the offset, which in this case would be $5,000.
If your bank requires an offset record:
In the above example, if a bank did require an offset record (also known as a 'balanced file'), then the file would contain the five transaction records (credits) PLUS an additional record for a $5,000 debit.
