Who can use ACH? Any company, that receives recurring payments from customers or makes payments to vendor can benefit from using ACH transactions. ACH transactions are processed through your banks and most of the banks offer ACH support.

What are the benefits of using ACH? The accounts payable and account receivable process can be streamlined using ACH payment transactions. Processing checks – making vendor direct deposit and receiving customer payment – involves considerable staff time, delay in payment process and payment reconciliation issues. If you are receiving payments using credit cards, you will be paying 2-2.5% in credit cards fees….

If you receive a lot of invoices from Vendors, InLattice can save you quite a bit of time by automating the Bill creation process. As you use InLattice to Post bills from Vendor Invoices, InLattice will learn the mapping that you use from Invoice lines to Bill Lines. Subsequent bills created from same Vendor will be automatically mapped using the previously learned mapping. So, after creating a few bills, new bills can be posted just with a click of a button.

Here’s a quick ‘how to’ – of this using the Live Demo Ids (Larry’s Landscaping and its Vendor…

We are happy to announce that we have added a new feature to support creating ACH/NACHA file for Employee Direct Deposit Payments from QuickBooks Payroll data. With this feature, businesses can extract Employee Payroll information from QuickBooks into InLattice and then create a NACHA file. This file can then be uploaded to the banks for further processing.

This feature is similar to our Vendor Direct Deposit payments feature that many businesses are already using.

Please look for upcoming posts that will show how easy it is to create Employee Payments ACH file from InLattice .

Account Payable Solution for QuickBooks Users

InLattice document portal has been providing AP automation tools for QuickBooks users since 2006. Over the years, we have developed a mature, flexible solution with the following features. Clients can choose any or all the listed features.

Processing e-invoices:

1. Receive invoices from vendors through InLattice Vendor portal. Have online access to invoices, attachments. Streamlines the vendor invoice receiving process
2. Convert e-invoices into QuickBooks bills. This solution eliminates handling of paper, email, fax based invoices. Data entry of QuickBooks is reduced, as vendors, items, quantities and amount is mapped automatically.
3. Online approval process streamlines communication between manager – vendor…