You can create ACH (also known as 'NACHA') files directly from your QuickBooks data.
ACH Universal allows you to easily create ACH transactions for:
• Direct Deposit for employees
• Collections from customers
• Payments to vendors and governmental agencies
ACH enables direct integration with QuickBooks, enabling you to store your banking data on each profile in QuickBooks. The three custom/defined fields are added in QuickBooks by ACH Universal automatically during the initial integration.
Benefits of direct connection:
--Simple to install and use. Doesn't change the way you work with QuickBooks. Keeps all of your processes the same. Pay vendors and employees, collect from customers as you currently do.
--Create ACH files for your bank with 'one-click'
--Avoids duplication of processes and transmissions
--Full control over payments and collections with your bank. Enables you to temporarily hold a transaction, stop a transaction, and even resend a transaction.
--Assists with the transmission of the ACH file to your bank. Your bank, not a processor, will handle the transactions.
--Send email notifications to your customers, employees and vendors. Send a detailed payment stub to your vendors including invoice number, net pay amount and discount taken.
Date Bill Paid Disc Taken Ref. No.
---------- ------------ ------------ ------------
03/05/2011 $5,555.00 $0.00 510
03/05/2011 $385.89 $5.99 511
Direct Integration is available if you are on QuickBooks
The editions must be 2003 or later.
Direct Integration is also available with QuickBooks Online (see separate Article for QuickBooks Online). NOTE: Profiles must be stored in ACH Universal.
Need to create Canadian formats with ACH Universal? The integration will work for all Canadian QuickBooks files as well.
Not on one of these packages? Don't worry--many of these features are available with our Treasury Software profiles-based integration.
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