Setting Up the RBC ACH094 Plug-In for Cross-Border Payment Processing

The ACH094 file format, based on the ACH IAT standard, is accepted by the Royal Bank of Canada (RBC) for cross-border payments. In MYOB Acumatica, the RBC ACH094 plug-in is available to configure payment processing from Canada to the United States.

Overview of the RBC ACH094 Plug-In Configuration

The RBC ACH094 plug-in in MYOB Acumatica has been adjusted to meet the requirements of both customers and banks. It supports only the following ACH094 format setup:

• Origin country: Canada (CA)
• Origin currency: USD
• Destination country: United States (US)
• Destination currency: USD

The ACH file in RBC ACH094 plug-in has following record structure:

1. File Header Record
2. IAT Batch Header Record
3. IAT Entry Records
4. Addendum Records 1, 2, 3, 6, 7, and Remittance Information Record
5. Batch Control Record
6. File Control Record

The RBC ACH094 plug-in offers flexibility to adjust ACH export settings according to known variations in customer and bank requirements for exported ACH files. This key capabilities include the following:

• You can add the IAT addenda record for remittance information by selecting the Include Remittance Information Addenda Record check box.
• The format of the File ID Modifier field of the ACH094 file can be adjusted. It can be set to either 0-9, A-Z or A-Z, 0-9).

For details, see RBC ACH094 Plug-In Settings.

Setup of the RBC ACH094 Plug-In Payment Processing

Specifically, you need to do the following:

1. On the Payment Methods (CA204000) form, create a new payment method.
2. In the Summary area, specify the following settings:
   • Means of Payment: Direct Deposit
   • Direct Deposit File Format: RBC ACH094
   Once these settings are specified, the following check boxes will be selected automatically in the Summary area of the form:

   • Use in AP
   • Require Remittance Information for Cash Account
   Additionally, the following payment method settings will be specified:

   • On the Settings for Use in AP tab, the RBC ACH094 Plug-In is selected in the Export Method box. In the Payment Method Details table, payment parameters are automatically added. These parameters will appear on the Payment tab of the Vendors (AP303000) form when this payment method is specified for a vendor in the Payment Method box on the Vendors form. You will need to enter the ACH credentials that are specific to the particular vendor for these parameters on the Vendors form.
   • On the Remittance Settings tab, the list of remittance parameters with plug-in-specific settings are automatically added. These parameters will appear on the Remittance Settings tab of the Cash Accounts (CA202000) form for each cash account selected on the Allowed Cash Accounts tab of the Payment Methods form. You will need to enter your company's ACH credentials for these parameters for each cash account on the Cash Accounts form.
   • On the Plug-In Settings tab, the system specifies the default parameters for this plug-in. For the details of the listed plug-in parameters, see RBC ACH094 Plug-In Settings. The default values can be adjusted if needed.
3. On the Allowed Cash Accounts tab, specify cash accounts that you are going to use as a source for ACH cross-border payments.
4. On the Vendors form, specify the created payment method to each vendor intended for cross-border ACH payments, and specify the ACH credentials specific to a vendor on the Payment tab of this form.
5. On the Remittance Settings tab of the Cash Accounts form, enter your company's ACH credentials for each cash account specified in the payment method settings (in Step 3 of the current instruction).

For detailed steps, see To Add a Payment Method for the RBC ACH094 Plug-In.