Create PPD (Prearranged Payment and Deposit) Payment

The Create PPD Payment page lets you create a Prearranged Payment and Deposit payment.

Batch Information

The details in the Batch Information section apply to the entire ACH payment.

Detail	Description
Transaction Name	The name for the transaction
Account	The account from which the payment originates If the account is configured for balanced files, a field entitled Settlement Options displays underneath. Two radio buttons enable you to choose whether to debit the account once for the entire payment, or debit the account once for each credit transaction.
Effective Date	The date on which you want the payment settled for all recipients in the batch The standard effective date is supplied, but the date may be changed by typing it or selecting it from the calendar. Be sure to allow enough time for processing. The system checks the following conditions to determine whether an entered date should be allowed: Non-processing days – The effective date must allow for a send date that is a business day (processing day) for the financial institution. Note that the processing schedule may vary according to the payment type. Minimum lead time – Transactions must be scheduled either one or two days before the effective date, depending on whether the payment is a credit, debit, or mixed batch. Future-dating restrictions – The financial institution may restrict the number of days into the future that a payment can be scheduled. Allowance for same-day settlement – For payments that both originate and settle within the financial institution, the effective date can be the same as the current date.
Frequency	How often the payment should be made If a single, non-recurring payment, select One Time Only. If a recurring payment, select Recurring, and make a selection for each of these options: Recurring Schedule – Select a payment schedule from the list. Weekend/Holiday Schedule – For weekend or holiday payments, select either previous day or next processing. Number of Payments – Select one of the payment options. See also About Recurring Payments
Workflow	Options for the final steps in the workflow The options are as follows: Save as Template – Saves the information on this page as a template Approve on Submit – Approves the payment automatically when you submit it Confidential – Indicates that the payment should be visible only to users who are entitled to manage confidential batches: The user entitlement that enables a user to mark new payments as confidential also enables the user to view payments that have been already marked as confidential. If the payment is created from a template that is marked as confidential, then the payment is also confidential. This setting cannot be modified regardless of a user's entitlements. Note: This option appears only when your company is configured for balanced ACH files.

Recipients

You can create new recipients by selecting them from a list, creating a new record, or by importing the information from a file. The Recipients table is displayed when you choose to add the new recipient, rather than when you access the Create Direct Deposit page. After adding one or more recipients to the payment, the following details and options are displayed for each recipient.

Column	Description
Recipient Name	The name of the payment recipient A flag entitled Prenote Expire On displays in the header
Recipient ID	An identifier for the recipient
Bank ID	The bank routing number of the account
Account Number	The number of the recipient's account
Account Type	The account type from the list, for example Checking, Savings, or Loan.
Amount	The amount to be credited to or debited from the account Click the Zero All button to quickly change all amounts to zero. Note: PPD recipients can be defined with a secondary account so that a portion of every payment amount is allocated to that account with the rest going to the primary account. The allocation amount can be defined as either a set dollar amount or as a percentage of the recipient payment amount. If there is a secondary account, the allocation will be shown when previewing the payment.
Bank Name	The name of the recipient's bank
Secondary Account Number	The number of the second account that is to receive part of the payment
Secondary Allocation	The set amount or percentage of the payment that is to go to the second account
Status	Indicates the status as one of the following: Active – The transaction is active, that is, not on hold and not prenoted Hold – The transaction is on hold for the recipient, while other payments in the batch can be processed Prenote Expire On – The entry is a prenote entry to be sent to the recipient before any actual transaction Note: If the recipient is saved to the master list, a prenote status will prevent the recipient from being available for other payments until the prenote has expired. Click the Set All button to quickly change all the recipient transactions to the same status.
Addenda	An additional item of payment information, specific to a recipient An addendum is optional for this payment type.
Remove	To remove the recipient, click (the Delete Icon).