Sage 100

ACH Payment to a loan account. I have a client that is doing ACH and they are trying to make loan payments to another bank (different bank than where the checking account is held). When setting up the vendor side of the ACH they have ""Checking"" and ""Savings"" to select from as the account type. Since there was no ""Loan"" account type, they just picked checking. The pre-note got rejected by the bank. According to the bank a checking account is codes as""25"" but they need ""52"" as the code for a loan account. has anyone run into this? or have any thoughts on a workaround?

I'm guessing you need to enter a different Standard Entry Class for that vendor in Vendor Maintenance. Here's info from the Help files: Standard Entry Class Type a class code to identify the type of transactions that will be transmitted for this vendor. If no code is entered in this field, the code entered in the Standard Entry Class field in ACH Maintenance will be used. When ACH electronic payment files are generated, a separate file will be generated for each bank code/standard entry class code. Expand/Collapse item Example Type PPD for a prearranged payment and deposit. Type CCD for a cash concentration or disbursement. Type CTX for a corporate trade exchange. For example, the standard entry class for vendor A and vendor B is PPD. The standard entry class for vendor C is CTX. If you pay all three vendors electronically using bank code D, two ACH electronic payment files are generated. One file is generated for vendors A and B, because they both use the same standard entry class code. A second file is generated for vendor C. This field is available only if the Enable Electronic Payments check box is selected in Accounts Payable Options.

Thanks @MaryJoKrueger That is interesting. I've read through this and I think I understand it's purpose, but I'm not sure if it fits this situation, but I can change it and send another Prenote to the bank.