Set up ACH payments

You must define the ACH payment setup in order to receive and create automated payments for different business events across the life of a contract. ACH Parameters define the base setup that controls how one time and recurring payments can be scheduled, the payment modes for which ACH payments are allowed, the filegen classes to be run for each type of transaction, the number of days the system should wait to clear ACH payments and so on. Based on these parameters, you can configure the payment setup for each payment mode. You can define the payment modes supported for each business event, and the file types that must be generated by the file processing job, for these.