What is an Origination Account?
An Origination Account is a bank account that you own (or control), that you send payments from, or where incoming funds are collected.
For example, a company's payroll account that is set up for ACH service would be an Origination account.
How do we work with more than one account?
There are two ways to work with Multiple Origination accounts:
- We are a large company and have two Origination accounts--one for payroll and one for vendor payments (A/P).
- We are a payroll processor and work with several QuickBooks ("QB") companies.
To set up Multiple Origination accounts using QuickBooks Integration:
1. Open up the first QB company file, login as the Admin*.
2. In Treasury Software, click on QB integration > Settings tab > Common Settings >choose 'Do not create a file' radio button. Click 'Save' and once the integration process is complete, close the QB integration box.
3. Next, in the same QB integration window, select the Accounts tab > Multiple Origination Accounts tab > check both check boxes to turn on Multiple Originations.
4. While still on this Multiple Originations Accounts tab > select the first bank account > slide it over to the right box.
5. Click on the 'Edit Company Name' (give it a short name) and 'Edit Company ID' (usually Federal ID) to update these fields.
If choosing a second bank account within the same QB company file: Repeat Steps 4 and 5.
6. Click Save and close the QB integration window (not the software).
If choosing a second QB company account:
7. Close the first QB company file and open up the next the next QB company file.
8. Repeat Steps 4, 5, and 6.
When you are ready to import QB data and create a file:
1. Open up the QB company file > QB Integration > 'View Transactions' > enter the date range > 'Send Transactions to ACH Universal'.
2. If using a second QB company, close the first QB company file and open up the next. Repeat Step 1.
3. Once all the data has been imported, select the icon 'Go to Create ACH File' > 'Create ACH File'.
