Setting Up U.S. ACH Payment Processing By Using Export Scenarios

In MYOB Acumatica,you can use the predefined export scenarios to process ACH payments.

The ACH system supports the processing of balanced and unbalanced files. A balanced file contains an offsetting entry that automatically credits or debits the specified offset account for the debit or credit transactions in the file. An unbalanced file contains only the transactions you specify and does not include an offsetting entry.

MYOB Acumatica provides functionality that you can use to export payments to get an unbalanced file or a balanced file. The export scenarios Export AP Payments to ACH v2 and Export AP Payments to ACH Balanced v2 (for unbalanced and balanced files, respectively) are provided with MYOB Acumatica and are available on the Export Scenarios (SM207025) form. These scenarios were developed for the Corporate Credit or Debit (CCD) application of the ACH system, and they fully comply with the file format specifications for ACH. These scenarios create files that are then processed in the ACH system.

Also, you can modify the scenario if another ACH application will be used or if your financial institution uses another format for electronic funds transfer.

The Export AP Payments to ACH v2 scenario uses the ACHExportProvider data provider, and the Export AP Payments to ACH Balanced v2 one uses ACHBalancedProvider.
Important:
Do not delete the ACHExportProvider or ACHBalancedProvider data providers. If you have accidentally deleted it, contact MYOB Acumatica support to restore it.

The export scenario is configured to use exact identifiers of payment method details as those defined for payment method details in the ACH and ACHBA demo payment methods. If you add details to your payment method manually, either copy identifiers from the demo payment method or adjust the scenario accordingly. For details, see To Add a Payment Method for ACH Payments (Export Scenarios).

Attention:
The existing FEDWIRE and FEDWIREBA payment methods are becoming obsolete and will be removed in future versions of MYOB Acumatica. While these payment methods can still be selected, we recommend that you select the ACH and ACHBA payment methods instead.