The Patron ACH File allows cooperatives to pay out patronage and have it directly deposited into the Patron’s bank account. This is available for a standard NACHA file format as well as a Canadian AFT format. The cooperative’s banking information must be set up on the G/L tab at Accounting / Setup / Preferences as well as the ACH File Type to use. The customer banking information must be completed on the Miscellaneous Info tab of the Patron’s file prior to creating an ACH file.
Navigate to Patronage / Utilities / Create Patron ACH File.
- Path for ACH file – Enter the path where the ACH file will be created. A Browse icon is available to help select the path.
- Check Date On – When using the Standard NACHA file format, this option is available. Select the date of the Patronage Checks to be included in the ACH file.
- Check Date On or Before – When using the AFT file format, this option is available. Select the ending check date for the Patronage Checks to be included in the ACH file.
- Do Not Create Offsetting Record – Some banks do not want the offsetting record included in the ACH file. Select this option only if the bank advises to do so.
