Deliver ACH payment solutions to your business customers with the FedPayments^® Reporter Service automated reports

Set up the following automated ACH EDI conversion reports and help your corporate and business customers solve the challenge of matching ACH payments to invoices or recipients and keep an eye on their origination activity:

ACH Social Security Beneficiary Report - For receivers

• Converts and provides information from the social security beneficiary payments for representative payees.
• Provides information from multiple representative payee transactions (PPDs) in one easy-to-understand report.
• May be useful to receivers, including extended care facilities, that receive a large number of representative payee transactions from the Social Security Administration.

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ACH Payment Data Information File - For receivers

• A machine-readable file containing the unconverted payment-related information that may be carried in specific ACH addenda records.
• Receivers with EDI-compatible accounts receivable systems can use this file to automatically post and close open receivable items in their accounting systems.
• Available as a NACHA-formatted file or as an as-is copy of format from the addenda records
• This straight-through processing (STP) option may result in significant time savings for receivers.

 

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ACH Remittance Advice Detail Report - For receivers and/or originators

• Converts and provides information from the ACH transaction for each selected SEC code.
• If the addenda records contain properly formatted EDI information, then all of the indecipherable EDI information, such as invoice numbers, is converted and shown in an easy-to-understand, human-readable format.
• Receivers, including health care providers, can use this information to match payments to open accounts receivable entries.
• Originators can use this information to help them keep an eye on their origination activity.

 

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ACH Remittance Advice Summary Report - For receivers and/or originators

• Converts and provides information from the ACH transaction for each selected SEC code.
• If the addenda records contain properly formatted EDI information, then the selected key components that most receivers find essential are converted and shown in an easy-to-understand, human-readable format.
• Receivers can use this information to match payments to open accounts receivable entries.
• Originators can use this information to help them keep an eye on their origination activity.

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Beyond Payment Information

The FedPayments Reporter for FedACH provides automated reporting to help your institution with more than just compliance tasks. See what else the service can do for you.

• Read descriptions and review samples (PDF) of all the FedPayments Reporter Service for FedACH reports on the FedPayments Reporter Service for FedACH page.
• Contact us with any questions.

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