by admin
11. November 2014 17:09
We have released the new edition of ezACH deposit software. The latest edition is 3.0.1. Per customers' requests, we have added the following new features:
- Duplicate previous transaction feature
- Add help button on each form
- Extend trial period from 14 days to 30 days.
- Limit the maximum transaction to $4.99 for trial version
- And some other minor change to make this software more user-friendly.
You are welcome to download the ezACH software for free at
http://www.halfpricesoft.com/NACHA-ACH-direct-deposit-download.asp
Related Links
To learn more ezACH Deposit software, visit halfpricesoft.com. Free DEMO is available for download
by admin
6. August 2013 11:46
ACH stands for automatic clearing house. The Automated Clearing House is a secure network through which banks and other financial institutions can transmit electronic transactions.
An ACH deposit means that funds are electronically deposited into an account. This means there is no need for a person to write a check and no one has to visit a bank to complete the transaction.
You can use ezACH Deposit Software deposit to
- Deposit the fund for payroll, employee expense reimbursement
- Pay Vendors
- Pay Government taxes
Related Links
To learn more ezACH Deposit software, visit halfpricesoft.com. Free DEMO is available for download
- Collect paycheck from customers
by admin
17. July 2013 08:42
Standard Entry Class (SEC) Codes
ARCAccounts receivable conversion. A consumer check converted to a one-time ACH debit. The difference between ARC and POP is that ARC can result from a check mailed in whereas POP is in-person.BOCBack office conversion. A single entry debit initiated at the point of purchase or at a manned bill payment location to transfer funds through conversion to an ACH debit entry during back office processing. Unlike ARC entries, BOC conversions require that the customer be present, and that the vendor post a notice that checks may be converted to BOC ACH entries.CBRCorporate cross-border payment. Used for international business transactions, replaced by SEC Code IAT.CCDCorporate credit or debit. Primarily used for business-to-business transactions.CTXCorporate trade exchange. Transactions that include ASC X12 or EDIFACT information.DNEDeath notification entry. Issued by the federal government.IATInternational ACH transaction. This is an SEC code for cross-border payment traffic to replace the PBR and CBR codes. The code has been implemented since September 18, 2009.PBRConsumer cross-border payment. Used for international household transactions, replaced by SEC Code IAT.POPPoint-of-purchase. A check presented in-person to a merchant for purchase is presented as an ACH entry instead of a physical check.POSPoint-of-sale. A debit at an electronic terminal initiated by use of a plastic card. An example is using your debit card to purchase gas.PPDPrearranged payment and deposits. Used to credit or debit a consumer account. Popularly used for payroll direct deposits and preauthorized bill payments.RCKRepresented check entries. A physical check that was presented but returned because of insufficient funds may be represented as an ACH entry.TELTelephone-initiated entry. Oral authorization by telephone to issue an ACH entry such as checks by phone. (TEL code allowed for inbound telephone orders only. NACHA disallows the use of this code for outbound telephone solicitations unless a prior business arrangement with the customer has been established.)WEBWeb-initiated entry. Electronic authorization through the Internet to create an ACH entry.XCKDestroyed check entry. A physical check that was destroyed because of a disaster can be presented as an ACH entry.
Source: http://en.wikipedia.org/wiki/Automated_Clearing_House
Related Links
To learn more ezACH Deposit software, visit halfpricesoft.com. Free DEMO is available for download
by admin
2. November 2012 06:09
ezAch Deposit software simplifies the process to create NACHA ACH files for electronic fund transfers. This program allows you to create ACH transaction file from the data in your payroll software, accounting software or other sources.
Followings are the process to make a direct deposit
Click here to view the instructions on video
Step 1. You need to talk with your bank to enable direct deposit function.
Most customers need to talk with their banks. Usually this direct deposit feature will not be enabled by default when you open a bank account. Some banks may charge a monthly fee to this service or for each transaction.
Step 2. Collect the account information from your employees or vendors or clients.
Usually you need to collect these information: account number, routing number, bank name, account type, client ID (SSN, company ID or others)
You may also need to get signed permission forms from clients if you will collect payments from them through direct deposit.
Step 3. You create ACH deposit file with ezACH software.
ezACH software is available for free trial. You can try it free before purchasing with no risk and no obligation.
Step 4. You send or upload this file to your bank
Step 5. Your bank process the transactions based on this ACH file. Then your employees or vendors get payments, or you collect payments from your customers.
To learn more ezACH Deposit software, visit halfpricesoft.com. Free DEMO is available for download
by admin
1. November 2012 05:34
EzACH Deposit software is very flexible and powerful. It can import employee list and paychecks from ezCheckPrinting software, ezPaycheck payroll software and other external source quickly and easily.
Followings are the steps to import paychecks from ezPaycheck payroll software database to ezACH and generate the ACH Deposit File
Step 1: Import Paychecks from EzPaycheck
- Start ezACH Deposit software and click the top menu "Import->Import Transactions From Other Source”. Then select the option “From EzPaycheck”.
- Click the “Open File” to select the target ezPaycheck database file
Select your target database file
You can change date range to see more or less checks.
Then you can select the paychecks and click “Import” to import data into ezACH system
Step 2: Review transactions
After you import paychecks, you can review them from transaction list by clicking the top menu “Main->ACH Transactions”.
Step 3: Generate ACH file
Click the “Create ACH file” button and ezACH will generate the file for you. You can save it to your local folder or USB disk by clicking the “SAVE” button. Then upload it to your bank later.
To learn more ezACH Deposit software, visit halfpricesoft.com. Free DEMO is available for download
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