ACH Payments to Vendors: New Business Rules

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ACH Payments to Vendors New Business Rules

• Shelly Davis
• And
• Dianna Gheer

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Introduction

• Identify parameter screens
• Identify New Web Advisor Processes
• Process changes
• Benefits to the University

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Parameter Screens

• APDE

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Parameter Screens

• APEP

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Parameter Screens

• BKCM

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Parameter Screens

• ECPD

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Identify New Web Advisor Processes

• Vendors access

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Identify New Web Advisor Processes
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Identify New Web Advisor Processes

• Student Access

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Identify New Web Advisor Processes
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Process Changes

• First thing is running ECPP
• Run CKSE

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Process Changes

• We now check for Holds at this point.
• ECHP
• Send the file to the Bank

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101 111000025375603140507022814521095101BANK OF
AMERICA WEST TEXAS AM UNIVERSI
5200WEST TEXAS AM UDEPOSITS
3756031405PPDPAYMENT 070228070301
1111000020000001 6221130084653428448
00002013000744871 HEMA GAJIWALA
0111000020000001 8200000001
00113008460000000000000000002013003756031405

111000020000001 9000001000001000000010011300846000
000000000000000201300
999999999999999999999999999999999999999
99999999999999999999999999999999999999999999999999
99999 99999999999999999999999999999999999999999999
99999999999999999999999999999999999999999999999999
9999999999999999999999999999999999999999999999999
999999999999999999999999999999999999999999999 9999
99999999999999999999999999999999999999999999999999
9999999999999999999999999999999999999999 999999999
99999999999999999999999999999999999999999999999999
99999999999999999999999999999999999
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Topic Three
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Benefits to the University

• Saves postage cost
• Envelope cost
• Checks getting lost in the mail and having to
  void and reissue.
• Reconciliation of checks is easier because they
  clear the bank sooner.
• Students get their money the next day (most of
  the time) depending on their bank.

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Conclusion

• We found this to be a fairly painless process.
• The only stumbling block was working with the
  bank.

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Questions