Processing ACH Payments in Intro XL

When to use: Use ACH processing when a borrower has provided their banking information and has agreed to make payments via ACH.

Steps to Process ACH Payments

1. Confirm the borrower’s banking information is saved in the Borrower Profile:
   • Bank account number
   • Routing number
   • Bank name
2. Review payment dates according to the loan terms on the Loan Details page in the Payment Schedule box.
3. Go to the Processing tab and select Create ACH.
4. Select the date to run the report and apply any desired filters (e.g., write-offs, bounces).
5. Review the list of ACH payments due according to the report.
6. Select the ACH payments to submit by checking the ACH box next to each desired payment, then click Submit.
   

   

7. On the confirmation screen, verify the selections for accuracy and click Confirm.
8. The file will be submitted to the ACH processor. For confirmation of receipt, contact your ACH processor directly or log into your processor account.