SAP FICO, Create ACH Payment File .

Create ACH Payment File .

- XYZ Company's current unused payment method “A” will be renamed and utilized for ACH Domestic Payment should have the ability to output Bank X's EFA formatted totals file. The ACH payment method will output the standard NACHA file format CTX (Corporate Trade Exchange) with the assistance of SAP standard payment program RFFOUS_T, and custom variants while running the payment proposal in F110. The file (DME) will be automatically uploaded to the USR/SAP/TECH/OUTBOUND/FI/AP Unix directory.A batch program then will have to be defined to invoke the FTP transmission to then be transmitted via secure communications (Secure FTP) to Bank X for further processing into the ACH network. Upon the payment run the EFA totals file should be generated by custom ABAP code that will read the amounts in each record of the CTX . The total of those amounts will be placed into a newly created file and should be sent along with the CTX ACH File for processing. The totals file will be follow XYZ's standard naming convention of ap53totachyyyymmddhhmmss.dat for output to Unix and ap_ach_ctx_yyyymmddhhmmss.dat for transmitting to Bank X. The transmisson naming convention should be determined by XYZ Company along with Bank X so that there is no confusion.

Prerequisites
Business owners must have all vendor’s current banking and contact information including IBAN, SWIFT, Account Numbers, Routing Numbers and payee contact. This information can be collected via contacting the vendors to be paid via ACH and requesting that their EFT information be supplied.

IS&S will have to setup and configure secure in and out bound traffic communication methods in the form of secure FTP for safe file transmissions to Bank X.

Payment method “A” must be configured within country and company code 9999.
House Bank information (routing and account numbers) must be made available to consultants for customizing within SAP.

If more than one house bank is required for processing - Bank chains must be defined by the business as well as ranking orders.

Business must update vendor master records with the new vaid payment method of "A" in order to use ACH CTX Bank Trasfers.

Vendor Master records banking information must also be updated
UNIX Directory structure will have to be determined for CTX Placement and processing.
Authorization must exist for the user/programmer/consultant participating in the configuration to execute the corresponding transaction/Programs.

There we go .. short simple but effectivly designed to get the work started.


Some things you will need to get started on ASAP - no pun intended.
1. You will need to know who your technical contact is at the selected bank. This is the person who will help you with all the technical details throughout the entire process of the ACH implementation.

This person will be able to give you the information on specific formats for processing of the ACH file. Typically the format being used these days are NACHA standard ACH CTX for company to vendor payments and PPD for Company to personal payments or Payroll (Direct Deposit Payments). We will be using ACH CTX.