WIRE Payment Method
Wire payment methods are NOT uploaded to the bank like ACH payments. We need to be able to distinguish not only when we do not want a check printed - but also when we do not want the ACH file to include an electronic payment of a WIRE TRANSFER. There must be other organizations out there making there Debt Service payments via WIRE transfer who would like to have this payment option - along with the automatic repression of the ACH upload file.
Comments: 2
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25 Jan
John Michael AdminHi Heather,
Thank you for the suggestion. There are a couple methods to accomplish this. For a direct expense, you can do Cash Disbursements and a check or voucher will not be created.
If you need to record payment of AP invoices by wire transfer, you can do a AP Manual check and record invoices paid without producing a check or voucher.
I hope this helps, looking forward to hearing back if you need more clarification. -
26 Jan
Heather @ GCWANot where I was going with my suggestion. I literally want a payment method choice of WIRE.
1
We are a Microix user and all AP invoices are entered there. We do not want to produce a check, or do a manual check, or do a workaround. We already have a work around process since the system in't meeting our needs.
**from above "Wire payment methods are NOT uploaded to the bank like ACH payments. We need to be able to distinguish not only when we do not want a check printed - but also when we do not want the ACH file"
The suggestion is to have the option of Wire Transfer that neither produces a check or an ACH file for uploading.