Cash Concentration or Disbursement can be either an ACH credit or debit where funds are transferred between corporate entities.
The Corporate Trade Exchange format supports transferring of funds, either credits or debits, within a trading partner relationship utilizing a full ANSI ASC X12 message or when payment related UN/EDIFACT information is sent with the funds transfer.
Multiple addenda records contain the ANSI or UN/EDIFACT information.
If you can create this report ....
.... ACH Universal™ can produce this for you:
We provide comprehensive default features and fields that you can use -or override- at any time. With ACH Universal™, you have full control of every field in the ACH-NACHA formatted file.
In addition, you can easily create profiles for your customers, employees and vendors which store detailed information - similar to a payroll package's employee profile that contains name, address, tax information.
This solution adheres to the ANSI 820 transaction set (EDI) and prepares all appropriate segments for the addenda records. Additional options for use include: