ACH Vendors

Article Contents: explains how to set up and process ACH payments by entering vendor banking details and configuring payment options in synergy accounting.

Synergy Accounting has the ability to create a file to be sent to the bank for ACH payments. The Standard ACH process allows you to create a file that takes place of physical checks sent to the bank for payment processing. The file that is created contains Vendor information, the total amount of the invoice(s)/credit memo(s) and routing and bank account information. To process these types of payments you will first need to set up the vendors and the bank code information. Once these have been set up you will be ready to process the file.

Before you can create your first ACH payment file, you need to collect banking information from your vendors and use that information in the following Vendor maintenance screen:

1) Place a check mark in the Use ACH box.

2) Select the account type from the drop down box.

3) Enter the Vendor’s routing number and account number.

4) Enter the ACH email.

You will also flag any 3rd party Payment Vendors on this screen. You will then be able to create a 3rd party Payment file.

• Related Articles

• Vendors

  Article Contents: This article covers how to view, search, edit, and delete vendors in Accounts Payable. Step-By-Step: Step 1: The Vendors tab under Accounts Payable will allow you to view, create, modify or delete vendor information: Step 2: You can ...

• AP Reports

  Article Contents: This article explains the AP Reports tab, where you can access and process all Accounts Payable reports, including invoice details, payment history, vendor activity, and audit information. 1099 Detail Listing: The 1099 Detail ...

• Open Invoices

  Article Content: Instructions on searching, editing, and deleting vendors, as well as managing their open invoices within the open invoices screen. This article contains instructions on how to access, modify, and manage vendors within Account Payable ...

• Verify 1099 Fields

  Article Contents: how to view and verify 1099 fields for accurate IRS reporting. This screen defines all field IDs and descriptions used when generating 1099 forms for vendors. Step-By-Step: Step 1: Go to System Setup → Accounts Payable Setup → ...

• New Vendor- Remittance info

  Article Contents: This article how to setup remittance information for vendors, including configuring the remit-to details and payee options. Step-By-Step: Step 1: The next tab of new vendor entry will be the remittance info: Remit-to - The remit-to ...