Best Of
How did you fix your NACHA formatting problem?
We’re really hoping to get NACHA working smoothly. While we are able to successfully upload our NACHA files to the bank, there is a formatting issue that’s causing a troublesome delay in the funds being transfered to the recipients. The bank's ACH department is having to manually push the payments through. I understand the NACHA file format is hardcoded and cannot be modified, but I’m wondering if anyone else has encountered a similar issue, and more importantly, how you resolved it.
Even better, if you bank with Synovus and have successfully implemented NACHA, I’d be incredibly grateful to hear what worked for you!
Thanks so much in advance for any insight you can share.
Have you met these Top 10 Members? (Plus, new Leaderboard Challenge!)
Congrats to the following Compass members for being our Top 10 All Time Leaders to-date!
@KentWeimer @BettieStammerjohn @TomWickersham @LornaSandberg @CelesteCarlson @CarolReynolds @LisaDiehl @JennieGeisheimer @TrishBachman @GaryWise
Click their names to view the profile or send a message to any of these community members, who each have a wealth of knowledge to share!
Every month, ten leaders will be entered into a drawing for a little pick-me-up! View the current month's leaders on the "This Month's Leaders" leaderboard in the left sidebar of most Compass pages or the Badges page.
To earn points and climb the leaderboards, you can:
- Start discussions, ask questions or create a poll
- Respond to other's discussions, questions and polls
- React to posts by clicking the Like, Awesome, Vote Up, Agree and LOL icons under the post.
- Request badges
- Update your profile and add a profile picture
- Bookmark Compass on your mobile device to keep up with discussions on-the-go!
- Use the @ sign to tag other members in your posts and replies (ex. @KaraAdams)
- Login to Compass regularly to keep up-to-date on what your peers are discussing!
Have fun!
Re: Best Practices for using ACHs
We, too, pay via ACH. The award notification is accompanied by three documents: (1) Grant Acknowledgement Form; (2) PDF-fillable ACH Authorization Form; and (3) Acknowledgement and Permissions Policy. Upon return of the first two documents, I begin the process of payment transmission with our bank. We're moving to DocuSign in 2024 so I searched the community to see how others have handled, for snafus, etc. Any comments and time savers are welcome. Thanks in advance.
Re: Agency funds training
Posting the recording of the webinar we hosted in case it's helpful for anyone else providing proactive resources/education to their nonprofit agency funds.
