Setting Up and Managing ACH Payments for Vendors
Setting Up and Managing ACH Payments for Vendors
ACH payments allow you to electronically transfer funds to vendors. While CINC Core supports recurring ACH payment templates to streamline the process, payments are not fully automatic and require user intervention each month to process invoices.
General steps for setting up and managing ACH payments for vendors in CINC Core involves:
Setting Up ACH Payments for Vendors. Configure a vendor for ACH payments by ensuring the ACH Information is entered for the vendor record. See Setting up a New Vendor.
Creating Recurring ACH Payment Templates. To streamline monthly payments, create a recurring invoice template. See Recurring Invoices.
Monthly Processing of ACH Payments. Recurring ACH templates pre-fill invoice details, but you must process payments manually each month. See Recurring Invoices.