Automatic SAP Cash Application- for ACH incoming payments

[Former Member]

Dear experts,

We have requirement to automatically apply cash for the ACH incoming customer payments. We have been using LOCKBOX for automatic cash application for Check incoming payments. Now we want to implement automatic cash application for incoming ACH payments as well. What are available best options? Can we do this through EBS?

Any suggestions are highly appreciated.

Thanks,

Tina

[Former Member]

Hi Tina

I suggest to use a different GL code for incoming ACH payments and set this up using BAI codes from your banks EBS file. I believe you are not running EBS statement upload or manual load currently. Identify all the bank transactions and their related BAI codes with the help from your bank.

Thanks

Sekhar