ACH Transaction Type

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The ACH Transaction Type table defines codes that can be associated with PDP customers and with Payee ACH Account records. When the PDP attempts to determine whether a Payee has ACH information established for a given payment, it first determines the ACH transaction type for the customer who supplied the payment. Then it checks for Payee ACH records for this payee with the same ACH transaction type.

The table allows you to establish different ACH information for different types of payments. For example, a payee may want their travel-related payments deposited in one account and their purchasing payments deposited elsewhere.

Only users with the OLE-SYS Operations role may create ACH Transaction Type documents. These documents do not route for approval.

The ACH Transaction Type document includes the Edit Transaction Type tab. The system automatically enters data into both the Old and New sections. Selected data fields are available for editing.

Edit Transaction Type tab definition

Title

Description

ACH Transaction Type

Required. A code (up to 4 alphanumeric characters) to uniquely identify this ACH transaction type.

ACH Transaction Type Description

Required. A text description for this ACH transaction type.

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