February 8, 2017

ACH Payment Enhancements

We have made a few nice enhancements to the Pay Invoices screen in SLIP based on feedback we received directly from YOU.

The two most important changes we made are the ability to:

1. Schedule ACH payments for a future date, up to 60 days in advance and
2. Submit payments using more than one bank account.

With the release of this enhancement, you will notice on the Pay Invoices screen in SLIP you have the ability to select a payment method, either Quick Pay or Detailed Pay.

With Quick Pay, you no longer need to select each group of invoices. As before, you still have the option to select a bank account you have stored previously, or add a One-Time Payment source. If you choose to add a One-Time Payment source a pop-up screen will appear where you can add the bank information.

Choosing to add a One-Time Payment source does not store the bank account in the database for future use. If you want to save the bank for future use, you would scroll to the bottom section titled Store Bank Account Information.

Once you have selected your bank account or added a One-Time Payment source select Pay and all your invoices will be paid based on the bank information selected. A Confirmation Page will load to the screen after submitting your payment, where you can Print if you choose. Please note pop-up blockers must be turned off to receive the Confirmation Page.

The most significant enhancement is the ability to select Detailed Pay.  This allows you to pay using multiple bank accounts as well as schedule payments for a future time. Once you have selected Detailed Pay you will see the detail of your invoices with the option to Select to Pay each group of invoices. When you Select to Pay your invoices you have the ability to specify the payment date (again, no greater than 60 days in advance) and add additional banks for that payment. All payments must be received by the due date to avoid late charges.  

Please note that the Payment Total that is entered for the separate payments must equal the Total Due. Once all the information you have either selected or entered is correct, select Pay at the bottom of the screen to submit your payments.

Download a copy of the ACH Payment Reference Guide, or contact the FSLSO Accounting by phone at 800.562.4496, Option 4 or email us at accounting@fslso.com.