Hello all,

Question regarding how others are handling this situation. We have one specific vendor that is initiating ACH payments for their invoices. Due to some regulations, they need to collect payment same day as delivery and we don't always have someone here to make those payments to them. As a method to accomplish this, we've authorized the vendor to do an ACH withdrawal from one of our accounts at the bank. This works well for that part of it, but we've always just done journal entries after the fact to account for this inside of Sage 100. We're looking in to how to do this from the AP module and came up with either Manual Check or a Wire Transfer. What would be nice is if there was something in the ACH portion that accounted for this type of withdrawal. I'm not sure how common this is as I'm the IT Manager here, but I'm tasked with setting things and investigating things most of the time.

How are others handling electronic payments that are initiated by the vendor. I have my personal bill for utilities done this way where the power company just withdraws the funds automatically and then I get a notification. So I know this has to be done by others, just curious how you book it in Sage.

Thanks!