Impound: Record checks with the wire transfer options
The
Wire Transfer
option can be used in the event checks have been deposited from a client outside of the application instead of using the ACH file to move the funds for impounding.For example: the client pays the money up front for a payroll.
When you key payroll and it's waiting in the
Funding
window, you can mark it as a Wire Transfer
. When you select Process
, the application records the money up front and records it in the Impound Reconcile
without creating the actual ACH file.
