ACH

Millennium®’s ACH Automated Clearing House — An electronic network for financial transactions in the United States. Transactions within our software can be made by either check or ACH. Warehouse is used to create ACH files.

You use this page to:

View any outstanding transfer of funds via ACH, including: employee direct deposits, electronic billing, tax and Workers’ Compensation impounds, and EFT Electronic funds transfer — The use of telecommunications data networks to transfer funds from one financial institution (such as a bank) to another. It can also be used to withdraw funds from one's own account to deposit in a creditor's account. Credit method payments.
View previously created ACH files.
Create ACH files.
Create reversal files, if necessary.

Table 3-428: Header fields
Field	Description
ACH file	Use this unmarked drop-down list to select the type of ACH files you will view. Valid entries are: Outstanding — all outstanding ACH files <date-time stamp> — previously created ACH files Click on any file in the list to view its contents.
Remove System Holds
ACH Filter	Use the pre-defined filters to narrow down the types of transactions. This field is only available if you select Outstanding in the ACH type (unmarked) drop-down list. You create the filters in System > Setup > Misc tab > Ach Filters. You can create filters using fields in the CAchTransfers Table.
Status
From, Thru	Use these two fields to filter outstanding items by date. The system displays all ACH transaction files that occurred on or between the dates you specify. These fields are only available if you select Outstanding in the ACH type (unmarked) drop-down list. The Thru field defaults to two business days ahead of today’s date, which represents the ACH window that it takes for a item to settle. In other words, the direct deposit that was sent out yesterday will be in the account tomorrow. Business days are defined as non-weekend and non-holiday. The default value of the From date field is one year prior to the value of the Thru date field. If today (and the value of the Thru field) is Leap Day (2/29), the value of the From date is set to 2/28 of the prior year. If you change the Thru date, you will see more entries that have future settlement dates. You can leave the From field blank if you want to see all ACH files from the beginning.
Company	You can filter outstanding items by Company.
Amount
Group By	The group by drop-list controls the order in which the data is displayed on the screen.