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NACHA (National Automated Clearing House Association) payments offer a very low-cost, effective solution to receiving Member payments electronically. Office now has the capabilities of accepting ACH payments directly from your Club’s Members, without the need for an intermediary processor, such as ETS, or Open Edge. Use Case In addition to (or in lieu of) accepting Member Credit Card Payments, which oftentimes have high processing fees that impact the bottom line, Management wanted to provide Members with another option to pay their monthly statement electronically, via ACH. With significantly lower fees than credit card processors charge, Clubs are now able to utilize their primary bank for processing ACH’s directly, and provide Members with this additional payment convenience. |
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NACHA Setup
To ensure ACH is set up and working properly, there are four main areas that need to be addressed within Office, and one that needs to be addressed directly with the Bank your Club chooses for processing.
Cash Receipt Type - Bank ACH
Member - Bank Account(s)
General Ledger - Bank Account(s)
Member Payments - ACH File Generation
Upload ACH File to Primary Bank (contact your Banking institution for instructions)
Cash Receipt Type - Bank ACH
Configuration of the Bank ACH Cash Receipt Type is the first and most essential step to processing NACHA payments. Specifically, the club must ensure the Bank ACH Cash Receipt Type is NOT linked to a Merchant Processing Token. Please follow the below instructions to properly configure the Bank ACH Cash Receipt Type. If the club is currently accepting ACH payments through one of our integrated third party processors, please see the Switching from Integrated ACH Processor to NACHA Payments section of this document for more information on switching to NACHA payments.
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