choltquist
Member
My company wants to use ACH with Accounts Payable. Is anyone doing this and if so what and where are the best docs on setup?
World A7.3 SP9
iSeries
World A7.3 SP9
iSeries
John_Dickey
Reputable Poster
We are using the EFT PPD format for Accounts Payable ACH. That is
payment instrument V in base JDE, program P04572T1. We have been doing
this for many years, so cannot tell you what we used (and that could no
longer be available). Chances are you will have to make program changes
to the JDE code. If I remember correctly, the P04572T1 program version
from JDE did not work correctly and had to apply a couple of SARs. Also
JDE assumes tape transmission to the bank. Who does computer tapes
anymore? So you will likely have to program for electronic
transmission. I would suggest looking at the Accounts Payable manual.
That will talk about the automatic payment processing configure steps
you need to do. You may want to contact Oracle support and see if they
have any white papers/documents on accounts payable ACH. The PPD format
only sends payment amount and bank information. The CTX format (which
we do not use) would also handle Remittance Advice information. If you
do PPD, you will have to think about how you send the remittance advice
information to the supplier.
John Dickey
Financial Systems Administrator
White-Rodgers, division of Emerson Electric
8100 West Florissant Ave.
P.O. Box 36922
St. Louis, MO 63136-9022
314-553-3067
[email protected]
payment instrument V in base JDE, program P04572T1. We have been doing
this for many years, so cannot tell you what we used (and that could no
longer be available). Chances are you will have to make program changes
to the JDE code. If I remember correctly, the P04572T1 program version
from JDE did not work correctly and had to apply a couple of SARs. Also
JDE assumes tape transmission to the bank. Who does computer tapes
anymore? So you will likely have to program for electronic
transmission. I would suggest looking at the Accounts Payable manual.
That will talk about the automatic payment processing configure steps
you need to do. You may want to contact Oracle support and see if they
have any white papers/documents on accounts payable ACH. The PPD format
only sends payment amount and bank information. The CTX format (which
we do not use) would also handle Remittance Advice information. If you
do PPD, you will have to think about how you send the remittance advice
information to the supplier.
John Dickey
Financial Systems Administrator
White-Rodgers, division of Emerson Electric
8100 West Florissant Ave.
P.O. Box 36922
St. Louis, MO 63136-9022
314-553-3067
[email protected]
choltquist
Member
Re: RE: Anyone using ACH with Accounts Payable
John,
Thank you for your informative response. I have also been in touch with Oracle and they have provided me with appropriate documentation and SAR's that we may want to apply. I think I have made it clear to the requestor at my company that this would not work direct out of the box and that we will need to make some program changes but we will see if they were listening. Thanks againg for your help.
Chuck Holtquist
John,
Thank you for your informative response. I have also been in touch with Oracle and they have provided me with appropriate documentation and SAR's that we may want to apply. I think I have made it clear to the requestor at my company that this would not work direct out of the box and that we will need to make some program changes but we will see if they were listening. Thanks againg for your help.
Chuck Holtquist
slabar001
Member
Re: RE: Anyone using ACH with Accounts Payable
Chuck,
Where you able to implement the ACH process. If so what documents did Oracle provide you?
Thanks
Shane
Chuck,
Where you able to implement the ACH process. If so what documents did Oracle provide you?
Thanks
Shane
